Form 10-K SEMTECH CORP For: Jan 28

Go back to Form 10-K SEMTECH CORP For: Jan 28

Semtech Corp. (SMTC) PT Raised to $32 at CFRA

April 1, 2024 8:08 AM EDT

CFRA analyst Angelo Zino raised the price target on Semtech Corp. (NASDAQ: SMTC) to $32.00 (from $25.00) while maintaining a Buy rating.

The analyst comments "We up our 12-month target to $32 from $25 on P/E of 21x our CY 25 EPS view, below historical... More

Semtech Corp. (SMTC) PT Raised to $36.50 at Northland

April 1, 2024 6:47 AM EDT

Northland analyst Gus Richard raised the price target on Semtech Corp. (NASDAQ: SMTC) to $36.50 (from $30.00) while maintaining a Outperform rating.

The analyst comments "SMTC reported in-line non-GAAP results. GAAP results were marred by $605M of Sierra Wireless impairment charges. SMTC is seeing... More

Semtech Corp. (SMTC) PT Raised to $40 at Piper Sandler

April 1, 2024 6:45 AM EDT

Piper Sandler analyst Harsh Kumar raised the price target on Semtech Corp. (NASDAQ: SMTC) to $40.00 (from $30.00) while maintaining a Overweight rating.

The analyst comments "After the close on Thursday, SMTC reported a mixed January quarter with April guidance that was also mixed.... More

Semtech Corp. (SMTC) PT Raised to $31 at Stifel

April 1, 2024 6:24 AM EDT

Stifel analyst Tore Svanberg raised the price target on Semtech Corp. (NASDAQ: SMTC) to $31.00 (from $26.00) while maintaining a Buy rating.

The analyst comments "NT positives include: (1) improving PON demand on the release of new China tenders, DC momentum; (2) indications of a... More

Semtech Corp. (SMTC) PT Raised to $38 at Needham

April 1, 2024 6:11 AM EDT

Needham analyst N. Quinn Bolton raised the price target on Semtech Corp. (NASDAQ: SMTC) to $38.00 (from $26.00) while maintaining a Buy rating.

The analyst comments "Semtech reported a top-line 4QF24 beat and raise as POS improved enough to offset channel inventory digestion. We... More