Analysts at Williams Financial Group upgrade their rating on the
shares of Semtech (NASDAQ: SMTC) from HOLD to BUY. The 12-month target
price is set to $32.
In a research note published on May 25, the analysts mention that the
quarter of the company was actually fairly strong and in line with
Street expectations, although the fact that results were below the
consensus and could pressurize shares of the SMTC in Friday trading.
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FinancialNews, Stock News, Stock Ratings
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