Lattice Semiconductor Introduces Multi-Gigabit Baseband Processor for Wireless Fiber Applications
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FBR Capital Remains Bullish on Lattice Semiconductor (LSCC) Following Worse-Than-Expected 4Q Results
February 18, 2016 7:11 AM ESTFBR Capital reiterated an Outperform rating on Lattice Semiconductor (NASDAQ: LSCC), and raised the price target to $6.50 (from $6.00), following the company's 4Q earnings report. Lattices 4Q revenue was $101.3M, worse than the Streets estimate of $110M. For 1Q16, management guided revenue to be $95M$101M, worse than Street expectations of ~$111M. Management expects 1Q16 to represent a low point in 2016 due to broad-based macro... More
