Semtech (SMTC) Tops Q2 EPS by 1c, Revenues Beat; Offers 3Q19 EPS/Revenue Outlook

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Semtech Corp. (SMTC) PT Raised to $54 at Roth Capital

August 30, 2018 7:55 AM EDT

Roth Capital analyst, Scott Searle, raised the price target on Semtech Corp. (NASDAQ: SMTC) to $54.00 (from $51.00) while maintaining a Buy rating following the company's 2Q earnings report. Results beat both top-line and bottom-line expectations ($163.2M, up 7.4% seq and 4.4% y/y, and $0.55 pro forma EPS vs... More

Semtech Corp. (SMTC) PT Raised to $60 at Needham & Company

August 30, 2018 7:24 AM EDT

Needham & Company analyst N. Quinn Bolton raised the price target on Semtech Corp. (NASDAQ: SMTC) to $60.00 (from $55.00) while maintaining a Buy rating.

The analyst comments "The Q/Q growth in the Protection business was driven by a continued recovery in demand from its... More

Semtech Corp. (SMTC) PT Raised to $60 at RBC Capital on 2Q Report; 'Notable Operating Margin Expansion'

August 30, 2018 6:00 AM EDT

RBC Capital analyst Mitch Steves raised the price target on Semtech Corp. (NASDAQ: SMTC) to $60.00 (from $55.00) while maintaining a Outperform rating, following the company's second quarter earnings report.

Analyst Steves notes a positive outlook on the shares, as SMTC reported second quarter earnings... More

Semtech (SMTC) Raising PT To $57 Despite High Guidance Hurdle - Piper Jaffray

August 27, 2018 6:48 AM EDT

Piper Jaffray analyst, Harsh Kumar, reiterated his Overweight rating on shares of Semtech Corp. (NASDAQ: SMTC) and raised his price target to $57 from $50 expecting the company to print a meet or beat quarter.

The analyst sees strength in most of the... More