Roth Capital analyst Suji Desilva notes that Silicon Motion preannounced Q2 revenue slightly below the low-end of previous guidance, likely reflecting impact of continued near-term enterprise NAND Flash tightness, offsetting PC and smartphone demand tracking to expectations. The analyst expects Silicon Motion's shares to find a support level and recover, as investors look past near-term weakness toward what will likely be a more back-end loaded 2017 versus typical seasonal patterns. Desilva reiterates a Buy rating and $60 price target on the shares.