Lattice Semiconductor Corporation (NASDAQ:LSCC)‘s stock had its “hold” rating reiterated by stock analysts at Craig Hallum in a note issued to investors on Thursday. They presently have a $6.00 price target on the semiconductor company’s stock, down from their prior price target of $8.30. Craig Hallum’s target price would indicate a potential upside of 9.89% from the company’s current price.

Separately, BidaskClub lowered Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $6.83.

Shares of Lattice Semiconductor Corporation (LSCC) traded down 4.21% during trading on Thursday, reaching $5.46. The company’s stock had a trading volume of 2,945,858 shares. The stock’s market cap is $671.42 million. The stock’s 50-day moving average is $6.00 and its 200-day moving average is $6.64. Lattice Semiconductor Corporation has a 12-month low of $5.40 and a 12-month high of $7.99.

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

TRADEMARK VIOLATION NOTICE: “Lattice Semiconductor Corporation (LSCC) Stock Rating Reaffirmed by Craig Hallum” was posted by American Banking News and is the property of of American Banking News. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.americanbankingnews.com/2017/09/16/lattice-semiconductor-corporation-lscc-stock-rating-reaffirmed-by-craig-hallum.html.

A number of hedge funds have recently modified their holdings of LSCC. Teachers Advisors LLC lifted its stake in Lattice Semiconductor Corporation by 3.6% during the fourth quarter. Teachers Advisors LLC now owns 198,816 shares of the semiconductor company’s stock worth $1,463,000 after purchasing an additional 7,001 shares during the last quarter. Gabelli Funds LLC lifted its stake in Lattice Semiconductor Corporation by 19.3% during the first quarter. Gabelli Funds LLC now owns 121,628 shares of the semiconductor company’s stock worth $842,000 after purchasing an additional 19,666 shares during the last quarter. Karp Capital Management Corp bought a new stake in Lattice Semiconductor Corporation during the first quarter worth about $235,000. State of Wisconsin Investment Board lifted its stake in Lattice Semiconductor Corporation by 47.2% during the first quarter. State of Wisconsin Investment Board now owns 537,368 shares of the semiconductor company’s stock worth $3,719,000 after purchasing an additional 172,368 shares during the last quarter. Finally, Pinnacle Associates Ltd. lifted its stake in Lattice Semiconductor Corporation by 2.2% during the first quarter. Pinnacle Associates Ltd. now owns 87,750 shares of the semiconductor company’s stock worth $607,000 after purchasing an additional 1,900 shares during the last quarter. 87.15% of the stock is owned by hedge funds and other institutional investors.

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.

Receive News & Ratings for Lattice Semiconductor Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor Corporation and related companies with MarketBeat.com's FREE daily email newsletter.