Oppenheimer raised the firm’s price target on Semtech (SMTC) to $110 from $100 and keeps an Outperform rating on the shares. The firm notes the company reported upside Q4 results and Q1 outlook Monday. Oppenheimer says emergent AI story is on track.
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Read More on SMTC:
- Semtech price target raised to $102 from $77 at Roth Capital
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