Lattice Semiconductor Corporation (NASDAQ:LSCC) had its target price cut by stock analysts at Jefferies Group LLC from $8.30 to $6.50 in a research report issued to clients and investors on Thursday. The brokerage currently has a “hold” rating on the semiconductor company’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 13.83% from the stock’s current price.

A number of other equities analysts have also commented on LSCC. BidaskClub lowered shares of Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 12th. Craig Hallum reaffirmed a “buy” rating and set a $6.00 price target (down from $8.30) on shares of Lattice Semiconductor Corporation in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. Lattice Semiconductor Corporation has a consensus rating of “Hold” and an average price target of $6.83.

Lattice Semiconductor Corporation (NASDAQ:LSCC) traded up 0.262% during trading on Thursday, reaching $5.735. 1,109,358 shares of the company’s stock were exchanged. The firm’s market cap is $705.24 million. Lattice Semiconductor Corporation has a 52-week low of $5.40 and a 52-week high of $7.99. The stock’s 50 day moving average price is $6.11 and its 200 day moving average price is $6.67.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last released its quarterly earnings results on Tuesday, August 8th. The semiconductor company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). Lattice Semiconductor Corporation had a positive return on equity of 3.95% and a negative net margin of 9.50%. The business had revenue of $94.14 million for the quarter, compared to the consensus estimate of $105.60 million. Equities research analysts anticipate that Lattice Semiconductor Corporation will post $0.13 EPS for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in Lattice Semiconductor Corporation by 1.9% during the second quarter. Vanguard Group Inc. now owns 9,929,928 shares of the semiconductor company’s stock worth $66,133,000 after buying an additional 181,687 shares in the last quarter. CNH Partners LLC grew its stake in Lattice Semiconductor Corporation by 33.8% during the second quarter. CNH Partners LLC now owns 3,813,337 shares of the semiconductor company’s stock worth $25,397,000 after buying an additional 963,375 shares in the last quarter. Alpine Associates Management Inc. grew its stake in Lattice Semiconductor Corporation by 11.8% during the second quarter. Alpine Associates Management Inc. now owns 3,016,410 shares of the semiconductor company’s stock worth $20,089,000 after buying an additional 317,648 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Lattice Semiconductor Corporation by 7.2% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 2,231,024 shares of the semiconductor company’s stock worth $14,859,000 after buying an additional 150,000 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Lattice Semiconductor Corporation by 4.6% during the second quarter. JPMorgan Chase & Co. now owns 1,960,181 shares of the semiconductor company’s stock worth $13,055,000 after buying an additional 85,948 shares in the last quarter. Hedge funds and other institutional investors own 87.15% of the company’s stock.

Lattice Semiconductor Corporation Company Profile

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

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