KeyBanc raised the firm’s price target on Lattice Semiconductor (LSCC) to $165 from $125 and keeps an Overweight rating on the shares. The firm notes the company reported strong Q1 results and higher Q2 guidance, driven by data center revenues, as Compute & Comms grew 86% year-over-year.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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 $145 from $135 at Jefferies
- 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