The Latest Analyst Ratings for Semtech
Portfolio Pulse from Benzinga Insights
Semtech (NASDAQ:SMTC) has received mostly bullish ratings from analysts in the last quarter, with 6 bullish and 2 somewhat bullish ratings. The average 12-month price target for Semtech is $37.62, a decrease of 18.22% from the previous average price target of $46.00.
September 14, 2023 | 2:01 pm
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Semtech has received mostly bullish ratings from analysts, indicating a positive outlook for the stock. However, the decrease in the average price target could potentially impact the stock negatively.
The bullish ratings from analysts indicate a positive outlook for Semtech. However, the decrease in the average price target suggests that analysts expect the stock price to decrease in the future, which could potentially impact the stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100