Roth MKM Maintains Buy on Semtech, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle maintains a Buy rating on Semtech (NASDAQ:SMTC) and raises the price target from $42 to $50.

June 06, 2024 | 1:40 pm
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POSITIVE IMPACT
Roth MKM analyst Scott Searle maintains a Buy rating on Semtech and raises the price target from $42 to $50.
The raised price target and maintained Buy rating from a reputable analyst can positively influence investor sentiment and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100