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Semtech (NASDAQ:SMTC – Free Report) had its price objective cut by Needham & Company LLC from $35.00 to $26.00 in a research note published on Thursday morning, Benzinga reports. They currently have a buy rating on the semiconductor company’s stock. Several other equities analysts have also issued reports on SMTC. Craig Hallum decreased their target […]
Semtech (NASDAQ:SMTC – Free Report) had its price objective trimmed by Needham & Company LLC from $35.00 to $26.00 in a research report released on Thursday, Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock. Other research analysts also recently issued reports about the stock. Summit Insights raised shares of […]
Guggenheim Capital LLC grew its stake in shares of Semtech Co. (NASDAQ:SMTC – Free Report) by 58.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,520 shares of the semiconductor company’s stock after purchasing an additional 9,792 shares during the period. Guggenheim […]
Semtech (NASDAQ:SMTC – Get Free Report) posted its quarterly earnings data on Wednesday. The semiconductor company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.17, MarketWatch Earnings reports. The business had revenue of $200.90 million during the quarter, compared to analyst estimates of $200.55 million. Semtech had a […]
Semtech (NASDAQ:SMTC – Get Free Report) released its earnings results on Wednesday. The semiconductor company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.17, MarketWatch Earnings reports. Semtech had a positive return on equity of 2.94% and a negative net margin of 53.62%. The company had revenue of […]