Lattice Semiconductor price target raised to $82 from $71 at Stifel

Stifel raised the firm’s price target on Lattice Semiconductor to $82 from $71 and keeps a Hold rating on the shares after the company reported "strong" quarterly results. Stifel expects the company to outperform the broader semiconductor industry growth rates in the near-to-mid term as the company takes advantage of its position in low-power FPGAs and continues delivering an expanding product portfolio. Currently, Stifel sees the shares as "fairly valued."