These Analysts Revise Their Forecasts On Semtech After Upbeat Q2 Results
Semtech Corp (NASDAQ: SMTC) reported Q2 earnings & sales above expectations and issued strong Q3 guidance. Analysts raised price targets on SMTC stock.
Semtech did better than people expected in its recent quarter and promised strong results ahead, so analysts think the stock could be worth more money. When a company beats expectations and people who study stocks raise their targets, it suggests the company is doing well—which is worth noticing.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.