Lattice Semiconductor Corp. Price Target Increased to $6.50 by Analysts at Jefferies Group (LSCC)
Analysts at Jefferies Group increased their price target on shares of Lattice Semiconductor Corp. (NASDAQ:LSCC) from $5.50 to $6.50 in a research report issued to clients and investors on Friday, AnalystRatings.NET reports. Jefferies Group’s price objective would indicate a potential upside of 19.49% from the company’s current price.
Shares of Lattice Semiconductor Corp. (NASDAQ:LSCC) opened at 5.44 on Friday. Lattice Semiconductor Corp. has a one year low of $3.89 and a one year high of $5.77. The stock’s 50-day moving average is $5.47 and its 200-day moving average is $5.06. The company has a market cap of $632.9 million and a price-to-earnings ratio of 75.49.
Lattice Semiconductor Corp. (NASDAQ:LSCC) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.02. The company had revenue of $87.20 million for the quarter, compared to the consensus estimate of $84.76 million. Lattice Semiconductor Corp.’s revenue was up 23.0% compared to the same quarter last year. On average, analysts predict that Lattice Semiconductor Corp. will post $0.17 earnings per share for the current fiscal year.
Lattice Semiconductor Corporation (NASDAQ:LSCC) designs, develops and markets programmable logic products and related software.
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