Analyst Ratings for Semtech
Portfolio Pulse from Benzinga Insights
Semtech (NASDAQ:SMTC) has received 9 bullish and 3 somewhat bullish ratings in the last quarter, with no indifferent, somewhat bearish, or bearish ratings. The average 12-month price target for Semtech is $35.83, a decrease of 12.25% from the previous average price target of $40.83.
October 24, 2023 | 4:01 pm
News sentiment analysis
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NEUTRAL IMPACT
Semtech has received positive analyst ratings in the last quarter, but the average 12-month price target has decreased.
While Semtech has received positive analyst ratings, the decrease in the average 12-month price target could indicate a potential slowdown in growth or a reassessment of the company's value. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100