Semtech (SMTC) Tops Q3 EPS by 1c, Offers Q4 Guidance

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Semtech Corp. (SMTC) PT Raised to $80 at Needham & Company

December 3, 2020 7:02 AM EST

Needham & Company analyst N. Quinn Bolton raised the price target on Semtech Corp. (NASDAQ: SMTC) to $80.00 (from $68.00) while maintaining a Buy rating.

The analyst commented, "Semtech reported strong F3Q21 results while its F4Q20 revenue and NG EPS guidance far exceeded expectations.... More