Consumer prices, Cracker Barrel, Semtech reports: 3 things to watch
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StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
Semtech Corp. (SMTC) PT Lowered to $49 at Roth/MKM, 'we’d use the weakness as a Buying opportunity'
September 14, 2023 6:53 AM EDTRoth/MKM analyst Scott Searle lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $49.00 (from $56.00) while maintaining a Buy rating.
The analyst comments "SMTC handily beat 2Q expectations and cleared the 3Q decks (down 16% seq). This highlights a report of semi stabilization (core-Semtech... More
Benchmark Downgrades Semtech Corp. (SMTC) to Hold
September 14, 2023 6:37 AM EDTBenchmark analyst Cody Acree downgraded Semtech Corp. (NASDAQ: SMTC) from Buy to Hold.
The analyst comments "We are lowering our rating on the shares of Semtech from a Buy to a Hold based on the firms unclear acquisition synergies of its recently... More
