Northland on Semtech Corp. (SMTC): 'We would be aggressive buyers on weakness'
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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
Semtech Corp. (SMTC) PT Lowered to $30 at Piper Sandler
September 14, 2023 6:31 AM EDTPiper Sandler analyst Harsh Kumar lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $30.00 (from $40.00) while maintaining a Overweight rating.... More
Semtech Corp. (SMTC) PT Lowered to $45 at B.Riley
September 14, 2023 6:15 AM EDTB.Riley analyst Craig Ellis lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $45.00 (from $52.00) while maintaining a Buy rating.... More
Susquehanna Upgrades Semtech Corp. (SMTC) to Positive
September 14, 2023 6:06 AM EDTSusquehanna analyst Christopher Rolland upgraded Semtech Corp. (NASDAQ: SMTC) from Neutral to Positive with a price target of $30.00.
For an analyst ratings summary and ratings history on Semtech Corp. click here. For more ratings news on Semtech Corp. click here.
Shares of Semtech Corp. closed at $22.87 yesterday.
... MoreSemtech Corp. (SMTC) PT Lowered to $30 at Stifel
September 14, 2023 5:09 AM EDTStifel analyst Tore Svanberg lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $30.00 (from $32.00) while maintaining a Buy rating.... More
Summit Insights Upgrades Semtech Corp. (SMTC) to Buy, 'demand recovery can now drive financial outperformance'
September 14, 2023 4:54 AM EDT(Updated - September 14, 2023 6:09 AM EDT)
Summit Insights analyst KinNgai Chan upgraded Semtech Corp. (NASDAQ: SMTC) from Hold to Buy.
The analyst comments "We are upgrading SMTC to a BUY after or downgrade 2.5 years ago. We believe inventory correction in its... More
Semtech (SMTC) Tops Q2 EPS by 9c, Guidance Misses
September 13, 2023 4:17 PM EDTSemtech (NASDAQ: SMTC) reported Q2 EPS of $0.11, $0.09 better than the analyst estimate of $0.02. Revenue for the quarter came in at $238.4 million versus the consensus estimate of $237.42 million.
GUIDANCE:
Semtech sees Q3 2024 EPS of ($0.09)-($0.22), versus the consensus of $0.11. Semtech sees Q3... More
