Susquehanna analyst Christopher Rolland reiterated a Buy rating on Lattice Semicon (LSCC) today and set a price target of $16. The company’s shares closed yesterday at $12.95, close to its 52-week high of $13.58.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of 12.2% and a 66.8% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Power Integrations, Skyworks Solutions, and Texas Instruments.
Lattice Semicon has an analyst consensus of Strong Buy, with a price target consensus of $12.30, which is a -5.0% downside from current levels. In a report issued on April 17, Rosenblatt Securities also reiterated a Buy rating on the stock with a $14.50 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $13.58 and a one-year low of $5.29. Currently, Lattice Semicon has an average volume of 2.15M.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, Byron Wayne Milstead, the VP Corp, General Counsel of LSCC sold 41,911 shares for a total of $515,924.
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. The company includes semiconductor devices, evaluation boards, development hardware, and related intellectual property licensing, services, and sales.
