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Lattice Semiconductor price target lowered to $65 from $75 at Loop Capital

Loop Capital lowered the firm’s price target on Lattice Semiconductor (LSCC) to $65 from $75 and keeps a Buy rating on the shares after its Q2 results. The company continues to under-ship end demand as distributor inventory continues to drain, but should have inventory worked down by FY25-end, the analyst tells investors in a research note.

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