Stifel raised the firm’s price target on Lattice Semiconductor (LSCC) to $70 from $65 and keeps a Buy rating on the shares. Lattice reported largely inline Q4 results with guidance slightly above consensus which, along with management commentary on gradually improving bookings, were “a better outcome than feared given recent industry peer results and commentary,” the analyst tells investors.
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:
- Lattice Semiconductor price target raised to $75 from $65 at TD Cowen
- Lattice Semiconductor price target raised to $65 from $55 at Benchmark
- Lattice Semiconductor price target raised to $75 from $70 at Susquehanna
- Lattice Semiconductor: Strong Financials and Strategic Growth Drive Buy Rating
- Lattice Semiconductor price target raised to $75 from $70 at KeyBanc