Rosenblatt analyst Hans Mosesmann raised the firm’s price target on Lattice Semiconductor to $110 from $95 and keeps a Buy rating on the shares. The company’s Q1 guidance beat estimates on strong industrial/automotive and consistent communications/compute market and share gains, the analyst tells investors in a research note. The firm says Lattice has "managed to sidestep the cyclical headwinds most semi players have witnessed over the past year."
Published first on TheFly
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