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Lattice Semiconductor price target raised to $50 from $42 at Baird

Baird analyst Tristan Gerra raised the firm’s price target on Lattice Semiconductor (LSCC) to $50 from $42 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results where there is no change to the second half outlook as DC demand offsets ongoing cyclical trends.

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