Stifel Maintains Buy on Semtech, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on Semtech (NASDAQ:SMTC) and raises the price target from $43 to $50.
June 06, 2024 | 4:42 pm
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Stifel analyst Tore Svanberg maintains a Buy rating on Semtech and raises the price target from $43 to $50.
The Buy rating and increased price target from a reputable analyst can boost investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100