Deutsche Bank analyst Melissa Weathers raised the firm’s price target on Lattice Semiconductor (LSCC) to $80 from $60 and keeps a Buy rating on the shares ahead of the Q3 report on November 3. Investor sentiment on Lattice shares has inflected positively since the last earnings report due to both cyclical and secular factors, the analyst tells investors in a research note. The firm believes the company has the potential to outperform peers due to its co-specific discipline shipping into industrial and auto end markets.
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