Form 8-K SEMTECH CORP For: Mar 16

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Semtech Corp. (SMTC) PT Lowered to $85 at Needham & Company

March 17, 2022 7:12 AM EDT

Needham & Company analyst N. Quinn Bolton lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $85.00 (from $100.00) while maintaining a Buy rating.

The analyst commented, "SMTC's F4Q22 results were slightly above consensus for revenue and NG EPS, while NG GM... More