Raymond James analyst Srini Pajjuri maintains $Lattice Semiconductor (LSCC.US)$ with a buy rating, and adjusts the target price from $50 to $52.
According to TipRanks data, the analyst has a success rate of 63.5% and a total average return of 21.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Lattice Semiconductor (LSCC.US)$'s main analysts recently are as follows:
The firm has expressed that a substantial reduction in the revenue forecast for 2025, coupled with a decrease in gross margins for the fourth quarter, offers a challenging but necessary recalibration of expectations. It is indicated that booking visibility suggests an early recovery in revenue for the first quarter of 2025.
Lattice Semiconductor's recent financial update indicated their Q3 results aligned with expectations, but the outlook for Q4 was reduced. This adjustment reflects ongoing challenges in the Industrial sector; however, these issues are somewhat mitigated by robust performance in the Communications and Computing sectors, with Telecom showing signs of recovery and data center activities remaining vigorous.
Note:
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