Lattice Semiconductor price target raised to $105 from $100 at Baird

Baird analyst Tristan Gerra raised the firm’s price target on Lattice Semiconductor to $105 from $100 and keeps an Outperform rating on the shares. The firm said 3Q revenue guidance embeds 11 sequential quarters of double-digit year-over-year growth, driven by Lattice’s high cadence of new products notably those introduced over the past 12-24 months.