BofA analyst Duksan Jang raised the firm’s price target on Lattice Semiconductor (LSCC) to $58 from $51 and keeps an Underperform rating on the shares. While noting that Lattice expects to outgrow the broader market in Q1, driven by ongoing share gains in low-/mid-tier FPGAs and continued content uplift in servers, the firm notes consensus is already at 25% sales growth for calendar year 2026, which it view as “potentially aggressive.” BofA estimates lower growth of 19%, the analyst noted.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LSCC:
- Morning Movers: Lattice Semiconductor, SelectQuote jump after earnings reports
- Lattice Semiconductor price target raised to $70 from $65 at Stifel
- Promising Recovery and Growth Prospects for Lattice Semiconductor Amid Rising FPGA Demand
- Lattice Semiconductor price target raised to $75 from $65 at TD Cowen
- Lattice Semiconductor price target raised to $65 from $55 at Benchmark