In a report released today, Derek Soderberg from Colliers Securities reiterated a Buy rating on Lattice Semiconductor (LSCC – Research Report), with a price target of $80.00. The company’s shares closed last Tuesday at $60.71.
According to TipRanks.com, Soderberg ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -4.6% and a 33.3% success rate. Soderberg covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Digi International, and Sierra Wireless.
Currently, the analyst consensus on Lattice Semiconductor is a Moderate Buy with an average price target of $95.00, a 62.7% upside from current levels. In a report issued on February 11, Rosenblatt Securities also reiterated a Buy rating on the stock with a $68.00 price target.
Lattice Semiconductor’s market cap is currently $7.61B and has a P/E ratio of 103.11.
Based on the recent corporate insider activity of 130 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LSCC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Lattice Semiconductor Corp. designs, develops and markets programmable logic products and related software. The company includes semiconductor devices, evaluation boards, development hardware, and related intellectual property licensing, services, and sales. It provides smart connectivity solutions powered by its low power FPGA, video ASSP, millimeter wave, and IP products to the consumer, communications, industrial, computing, and automotive markets. The company was founded in 1983 by Samir Palnitkar and is headquartered in Hillsboro, OR.
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