Susquehanna analyst Christopher Rolland upgraded Lattice Semicon (LSCC) to Buy today. The company’s shares closed yesterday at $8.18.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of 9.0% and a 62.3% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Power Integrations, Skyworks Solutions, and Maxlinear Inc.
Currently, the analyst consensus on Lattice Semicon is a Moderate Buy with an average price target of $9.
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Based on Lattice Semicon’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $6.97 million. In comparison, last year the company had a GAAP net loss of $7.21 million.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LSCC in relation to earlier this year.
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.
