Semtech (SMTC) Tops Q1 EPS by 3c, Revenues Beat; Offers 2Q EPS/Revenue Guidance Above Consensus
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Semtech Corp. (SMTC) PT Raised to $60 at Oppenheimer Following 1Q
May 28, 2020 8:47 AM EDTOppenheimer analyst Rick Schafer raised the price target on Semtech Corp. (NASDAQ: SMTC) to $60.00 (from $52.00) while maintaining an Outperform rating following the company's 1Q earnings report. The company reported beat/ raise results, despite COVID-19 and the loss of Huawei. 1Q sales/EPS of $133M/$0.35... More
Semtech Corp. (SMTC) PT Raised to $63 at Piper Sandler Following 1Q
May 28, 2020 8:03 AM EDTPiper Sandler analyst Harsh Kumar raised the price target on Semtech Corp. (NASDAQ: SMTC) to $63.00 (from $43.00) while maintaining a Overweight rating following the company's 1Q earnings report. In the April quarter, Semtech saw strength in the infrastructure market, but its other segments lagged due to... More
Semtech Corp. (SMTC) PT Raised to $50 at Susquehanna Following 1Q Report
May 28, 2020 7:44 AM EDTSusquehanna analyst Christopher Rolland raised the price target on Semtech Corp. (NASDAQ: SMTC) to $50.00 (from $40.00) while maintaining a Neutral rating following the company's 1Q report. Semtech reported generally in-line results and better guidance, primarily as Signal Integrity was bolstered by strong Data Center, 10G... More
Semtech Corp. (SMTC) PT Raised to $65 at Needham & Company
May 28, 2020 7:02 AM EDTNeedham & Company analyst N. Quinn Bolton raised the price target on Semtech Corp. (NASDAQ: SMTC) to $65.00 (from $47.00) while maintaining a Buy rating.
The analyst commented, "Semtech reported solid F1Q21 results driven by continued strength in DC demand and record... More
