Analyst Ratings for Semtech
Portfolio Pulse from Benzinga Insights
In the last 3 months, 10 analysts have offered 12-month price targets for Semtech (NASDAQ:SMTC), with an average price target of $37.7, up 2.36% from the previous average of $36.83. The company has received 5 bullish, 2 somewhat bullish, and 3 indifferent ratings.
June 01, 2023 | 2:03 pm
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Semtech's average price target has increased by 2.36% to $37.7, with a majority of analysts giving bullish or somewhat bullish ratings.
The increase in Semtech's average price target and the majority of bullish or somewhat bullish ratings from analysts indicate a positive outlook for the stock. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100