Benchmark Reiterates Buy on Semtech, Maintains $56 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Cody Acree has reiterated a Buy rating on Semtech (NASDAQ:SMTC) and maintained a price target of $56.
September 09, 2024 | 10:39 am
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Benchmark analyst Cody Acree has reiterated a Buy rating on Semtech, maintaining a price target of $56. This suggests confidence in the company's future performance and potential stock price appreciation.
The reiteration of a Buy rating and maintenance of a $56 price target by Benchmark indicates a positive outlook on Semtech's stock. This can lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100