Roth MKM Maintains Buy on Semtech, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Searle reaffirms a Buy rating on Semtech (NASDAQ:SMTC) with a maintained price target of $50.
August 28, 2024 | 2:35 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Roth MKM analyst Scott Searle maintains a Buy rating on Semtech with a $50 price target, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a $50 price target by Roth MKM suggests a positive outlook for Semtech, likely boosting investor confidence and potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100