Lattice Semicon (LSCC) Gets a Hold Rating from Susquehanna


Susquehanna analyst Christopher Rolland reiterated a Hold rating on Lattice Semicon (NASDAQ: LSCC) today and set a price target of $8. The company’s shares opened today at $6.

According to TipRanks.com, Rolland is a 4-star analyst with an average return of 6.8% and a 56.7% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Integrated Device Tech, Power Integrations, and Texas Instruments.

Lattice Semicon has an analyst consensus of Moderate Buy, with a price target consensus of $8.50.

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Based on Lattice Semicon’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $20.22 million. In comparison, last year the company had a GAAP net loss of $43.05 million.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. Last month, Byron Wayne Milstead, the VP Corp, General Counsel of LSCC sold 82,277 shares for a total of $664,772.

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. 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.

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