Lattice Semiconductor price target raised to $65 from $55 at Benchmark

Benchmark raised the firm’s price target on Lattice Semiconductor (LSCC) to $65 from $55 and keeps a Buy rating on the shares. Design wins remain at record levels with continued momentum across the Avant and Nexus product families, while the business returned to growth following five consecutive quarters in decline, the analyst tells investors in a post-earnings note. Despite the macro uncertainty and mixed results this earnings season, the firm is “encouraged by the shift in management’s tone and developing momentum across core end markets,” the analyst added.