Northland Capital Markets Maintains Outperform on Semtech, Raises Price Target to $36.5
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Gus Richard maintains an Outperform rating on Semtech (NASDAQ:SMTC) and raises the price target from $30 to $36.5.
April 01, 2024 | 6:26 pm
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Northland Capital Markets has raised the price target for Semtech from $30 to $36.5, maintaining an Outperform rating.
The increase in price target by Northland Capital Markets is a strong positive signal for Semtech, indicating a bullish outlook on the stock by the analyst. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100