On Nov 27, major Wall Street analysts update their ratings for $Semtech (SMTC.US)$, with price targets ranging from $60 to $85.
Oppenheimer analyst Rick Schafer maintains with a hold rating.
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.
Craig-Hallum analyst Anthony Stoss maintains with a buy rating, and sets the target price at $70.
Furthermore, according to the comprehensive report, the opinions of $Semtech (SMTC.US)$'s main analysts recently are as follows:
Semtech's latest financial results exceeded expectations for the third fiscal quarter, coupled with a promising outlook for the fourth quarter. The commencement of the production ramp for the new Active Copper Cable, or ACC, 'Copper Edge' product, specifically for Nvidia's Blackwell platform, was highlighted, alongside improving business trends in other segments.
Here are the latest investment ratings and price targets for $Semtech (SMTC.US)$ from 9 analysts:
Note:
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