Semtech (SMTC) Tops Q2 EPS by 2c

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Go back to Semtech (SMTC) Tops Q2 EPS by 2c

Craig-Hallum Reiterates Buy Rating on Semtech Corp. (SMTC)

August 28, 2024 8:47 AM EDT

Craig-Hallum analyst Anthony Stoss reiterated a Buy rating and $48.00 price target on Semtech Corp. (NASDAQ: SMTC).

The analyst comments "We highlight SMTCs new CEO is starting off strong with a beat and guide above the Street. We continue to believe the company will see significant growth in CY25 and beyond... More

Roth/MKM Reiterates Buy Rating on Semtech Corp. (SMTC)

August 28, 2024 5:42 AM EDT

Roth/MKM analyst Scott Searle reiterated a Buy rating and $50.00 price target on Semtech Corp. (NASDAQ: SMTC).

The analyst comments "Semtech reported in-line 2Q25 results and guided 3Q above consensus (up 8% seq) as Data Center and LoRa continue to recover, and IoT Systems have... More