Stifel Maintains Buy on Semtech, Lowers Price Target to $200
Stifel analyst Tore Svanberg maintains Semtech (NASDAQ:SMTC) with a Buy and lowers the price target from $220 to $200.
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Why It Matters
An analyst still likes Semtech but thinks its stock might be worth less money soon. This means the company is probably doing okay, but maybe not as exciting as before.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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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.