Colliers Securities analyst Derek Soderberg maintained a Buy rating on Lattice Semicon (LSCC) today and set a price target of $53.00. The company’s shares closed last Tuesday at $47.26.
According to TipRanks.com, Soderberg is a 1-star analyst with an average return of 0.2% and a 36.4% success rate. Soderberg covers the Technology sector, focusing on stocks such as Enthusiast Gaming Holdings, Axon Enterprise, and Sierra Wireless.
Lattice Semicon has an analyst consensus of Strong Buy, with a price target consensus of $53.38.
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The company has a one-year high of $58.38 and a one-year low of $20.59. Currently, Lattice Semicon has an average volume of 1.75M.
Based on the recent corporate insider activity of 92 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LSCC in relation to earlier this year.
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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. 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. The company was founded in 1983 by Samir Palnitkar and is headquartered in Hillsboro, OR.
