Stifel analyst Ruben Roy raised the firm’s price target on Lattice Semiconductor (LSCC) to $110 from $80 and keeps a Buy rating on the shares. Lattice delivered better than expected revenue and inline EPS for Q4 while giving strong Q1 guidance that was “well above consensus” for both revenue and adjusted EPS, the analyst tells investors. The firm thinks Lattice is exiting the year with improved positioning and earnings acceleration into a multi-year growth cycle across Data Center and Physical AI ecosystems, the analyst added.
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Read More on LSCC:
- Lattice Semiconductor: Strong Q4 Beat, Improving Demand, and Expanding AI/Server Opportunities Underpin Buy Rating and $110 Target
- Lattice Semiconductor reports Q4 EPS 32c, consensus 32c
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- Lattice Semiconductor price target raised to $90 from $80 at Deutsche Bank