Lattice Semiconductor price target raised to $75 from $70 at Susquehanna

Susquehanna raised the firm’s price target on Lattice Semiconductor (LSCC) to $75 from $70 and keeps a Positive rating on the shares. The firm said Lattice posted in-line top-line results and slightly better guidance as the company is starting to see very early signs of improvement across several end markets, notably Auto and Comms. Yet the company is maintaining a cautious stance, insistent on a U-shaped recovery as it continues to ship below true demand and await inventory to clear.