Susquehanna analyst Christopher Rolland lowered the firm’s price target on Semtech to $32 from $34 and keeps a Neutral rating on the shares. The analyst noted as he previewed, its guidance disappointed and while most segments are now likely de-risked, risks for LoRa may remain related to Helium gateways.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SMTC:
