Northland Capital Markets Maintains Outperform on Semtech, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained an Outperform rating on Semtech (NASDAQ:SMTC) and raised the price target from $36.5 to $46.
June 06, 2024 | 4:12 pm
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Northland Capital Markets has maintained an Outperform rating on Semtech and raised the price target from $36.5 to $46, indicating strong confidence in the company's future performance.
The raised price target and maintained Outperform rating from Northland Capital Markets suggest a positive outlook for Semtech's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100