Form 10-Q SEMTECH CORP For: Apr 29
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Semtech Corp. (SMTC) PT Raised to $50 at Baird; LoRa Momentum Accelerating
May 31, 2018 8:24 AM EDTBaird raised its price target on Semtech Corp. (NASDAQ: SMTC) to $50.00 (from $45.00) while maintaining a Outperform rating on LoRa revenue momentum.
Analyst Tristan Gerra also noted renewed momentum across business lines including PON, while data center remains a key growth driver.
"LoRa could... More
