Lattice Semiconductor Corporation (NASDAQ:LSCC) has earned an average rating of “Hold” from the six ratings firms that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $7.00.

A number of research firms recently weighed in on LSCC. ValuEngine lowered shares of Lattice Semiconductor Corporation from a “hold” rating to a “sell” rating in a research note on Monday, September 18th. Robert W. Baird restated a “hold” rating and set a $8.00 target price on shares of Lattice Semiconductor Corporation in a research note on Sunday, September 17th. Jefferies Group LLC upgraded shares of Lattice Semiconductor Corporation from a “hold” rating to a “buy” rating and set a $7.00 target price on the stock in a research note on Wednesday, October 18th. Zacks Investment Research lowered shares of Lattice Semiconductor Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, October 20th. Finally, BidaskClub lowered shares of Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th.

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Lattice Semiconductor Corporation (NASDAQ:LSCC) last released its earnings results on Tuesday, August 8th. The semiconductor company reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate 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 firm had revenue of $94.14 million for the quarter, compared to analysts’ expectations of $105.60 million.

Several hedge funds have recently added to or reduced their stakes in the stock. Amalgamated Bank increased its stake in Lattice Semiconductor Corporation by 7.5% in the second quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 1,102 shares during the last quarter. Quantitative Systematic Strategies LLC purchased a new position in Lattice Semiconductor Corporation in the second quarter valued at approximately $107,000. BNP Paribas Arbitrage SA increased its stake in Lattice Semiconductor Corporation by 723.3% in the second quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock valued at $137,000 after purchasing an additional 18,105 shares during the last quarter. Principal Financial Group Inc. increased its stake in Lattice Semiconductor Corporation by 2.3% in the first quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock valued at $159,000 after purchasing an additional 510 shares during the last quarter. Finally, FNY Partners Fund LP increased its stake in Lattice Semiconductor Corporation by 100.8% in the second quarter. FNY Partners Fund LP now owns 25,900 shares of the semiconductor company’s stock valued at $172,000 after purchasing an additional 13,000 shares during the last quarter. Hedge funds and other institutional investors own 87.80% of the company’s stock.

About Lattice Semiconductor Corporation

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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