On Nov 26, major Wall Street analysts update their ratings for $Semtech (SMTC.US)$, with price targets ranging from $60 to $82.
Baird analyst Tristan Gerra maintains with a buy rating, and maintains the target price at $80.
Needham analyst Quinn Bolton maintains with a buy rating, and adjusts the target price from $50 to $70.
Stifel analyst Tore Svanberg maintains with a buy rating, and adjusts the target price from $58 to $65.
Piper Sandler analyst Harsh Kumar maintains with a buy rating, and adjusts the target price from $60 to $75.
Roth MKM analyst Scott Searle maintains with a buy rating, and adjusts the target price from $50 to $60.
Furthermore, according to the comprehensive report, the opinions of $Semtech (SMTC.US)$'s main analysts recently are as follows:
Semtech reported a commendable fiscal third-quarter performance and presented a robust outlook for the fourth quarter. The initiation of production ramp for the new Active Copper Cable, or ACC, 'Copper Edge' product, specifically for the Blackwell platform, contributed positively. Parallelly, there are signs of improving business trends across other segments.
Here are the latest investment ratings and price targets for $Semtech (SMTC.US)$ from 7 analysts:
Note:
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