Semtech (SMTC) Tops Q3 EPS by 1c; Guides Q4 EPS Lower Sequentially
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UPDATE: Oppenheimer Upgrades Semtech Corp. (SMTC) to Outperform
December 1, 2016 7:30 AM EST(Updated - December 1, 2016 9:12 AM EST)
Oppenheimer upgraded Semtech Corp. (NASDAQ: SMTC) from Perform to Outperform with a price target of $36. Analyst Rick Schafer thinks growth is on track.
"We are raising estimates and upgrading SMTC to Outperform after the... More
RBC Capital Raises Price Target on Semtech (SMTC) Following 3Q Report
December 1, 2016 7:26 AM ESTRBC Capital reiterated a Sector Perform rating on Semtech Corp. (NASDAQ: SMTC), and raised the price target to $32.00 (from $28.00), following the company's 3Q earnings report. SMTC reported results slightly ahead of Street on both revenue/EPS at $140.9M/$0.37 vs. Street at $138.5M/ $0.36.
Analyst Mitch... More
