Benchmark Upgrades Semtech to Buy, Announces $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Cody Acree has upgraded Semtech (NASDAQ:SMTC) from Hold to Buy and announced a $30 price target.
October 19, 2023 | 5:26 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Semtech's stock has been upgraded from Hold to Buy by Benchmark analyst Cody Acree, with a new price target of $30.
The upgrade from Hold to Buy indicates a positive outlook for Semtech's stock. The new price target of $30, if achieved, would likely result in an increase in the stock's price. This news is highly relevant and important for investors in Semtech.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100