Baird Reiterates Outperform on Semtech, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Craig Ellis has reiterated an Outperform rating on Semtech (NASDAQ:SMTC) and maintained a $40 price target.
June 08, 2023 | 3:27 pm
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Semtech receives an Outperform rating from Baird analyst Craig Ellis, with a maintained $40 price target.
The Outperform rating from Baird analyst Craig Ellis indicates a positive outlook for Semtech's stock in the short term. The maintained $40 price target suggests that the analyst believes the stock has potential for growth. This news is highly relevant and important for investors in SMTC, as it provides a positive outlook from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100