Susquehanna Reiterates a Buy Rating on Lattice Semicon (LSCC)
Susquehanna analyst Christopher Rolland reiterated a Buy rating on Lattice Semicon (LSCC) today and set a price target of $25.00. The company’s shares closed last Monday at $19.85.
According to TipRanks.com, Rolland is a 5-star analyst with an average return of 13.0% and a 68.8% success rate. Rolland covers the Consumer Goods sector, focusing on stocks such as Power Integrations, Skyworks Solutions, and Texas Instruments.
Currently, the analyst consensus on Lattice Semicon is a Strong Buy with an average price target of $24.50, which is a 27.1% upside from current levels. In a report released today, Rosenblatt Securities also reiterated a Buy rating on the stock with a $24.00 price target.
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Lattice Semicon’s market cap is currently $2.65B and has a P/E ratio of 124.22. The company has a Price to Book ratio of 8.56.
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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.
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