Needham Reiterates Buy on Semtech, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton reiterates a Buy rating on Semtech (NASDAQ:SMTC) and maintains a $50 price target.
July 15, 2024 | 9:41 am
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Needham analyst Quinn Bolton reiterates a Buy rating on Semtech and maintains a $50 price target.
The reiteration of a Buy rating and the maintenance of a $50 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100