After Rosenblatt Securities and Cowen & Co. gave Lattice Semicon (NASDAQ: LSCC) a Buy rating last month, the company received another Buy, this time from Susquehanna. Analyst Christopher Rolland reiterated a Buy rating on Lattice Semicon today and set a price target of $24.00. The company’s shares closed last Monday at $19.37, close to its 52-week high of $21.58.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of 12.4% and a 68.0% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Power Integrations, Skyworks Solutions, and Texas Instruments.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lattice Semicon with a $22.25 average price target, implying an 11.3% upside from current levels. In a report issued on October 30, Rosenblatt Securities also reiterated a Buy rating on the stock with a $24.00 price target.
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The company has a one-year high of $21.58 and a one-year low of $5.38. Currently, Lattice Semicon has an average volume of 1.63M.
Based on the recent corporate insider activity of 41 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 (NASDAQ: LSCC) is the low power programmable leader. We solve customer problems across the network, from the Edge to the Cloud, in the growing communications, computing, industrial, automotive and consumer markets.
