Jefferies analyst Blayne Curtis raised the firm’s price target on Lattice Semiconductor (LSCC) to $145 from $135 and keeps a Buy rating on the shares. The company reported a” beat-and-raise” with the accretive AMI acquisition, the analyst tells investors in a research note. The firm says Lattice’s data center demand remains strong, complemented by cyclical tailwinds in industrial and embedded. It sees backlog visibility into 2027 for the company.
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Read More on LSCC:
- Lattice Semiconductor Price Target Raised to $145 on Strengthening AI Datacenter Momentum and AMI Acquisition Upside
- Lattice Semiconductor to Acquire AMI, Expanding Secure Platform
- Lattice Semiconductor to acquire AMI for total consideration of $1.65B
- Lattice Semiconductor reports Q1 adjusted EPS 41c, consensus 37c
- Lattice Semiconductor sees Q2 adjusted EPS 42c-46c, consensus 38c