Lattice Semiconductor Corporation (LSCC) Given Average Rating of “Hold” by Brokerages

Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) have received a consensus recommendation of “Hold” from the six analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $7.00.

LSCC has been the topic of several research analyst reports. BidaskClub cut Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, December 2nd. ValuEngine cut Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Jefferies Group reiterated a “buy” rating and issued a $7.00 price objective on shares of Lattice Semiconductor in a report on Friday, November 10th. Finally, Zacks Investment Research cut Lattice Semiconductor from a “hold” rating to a “strong sell” rating in a report on Friday, October 20th.

Shares of Lattice Semiconductor (LSCC) opened at $5.87 on Friday. The company has a quick ratio of 1.60, a current ratio of 2.20 and a debt-to-equity ratio of 1.28. Lattice Semiconductor has a twelve month low of $5.05 and a twelve month high of $7.55. The stock has a market capitalization of $751.02, a PE ratio of -10.12, a P/E/G ratio of 1.07 and a beta of 1.58.

Institutional investors have recently modified their holdings of the company. Amalgamated Bank boosted its holdings in shares of Lattice Semiconductor by 7.5% during the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 1,102 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Lattice Semiconductor during the 3rd quarter worth approximately $107,000. Aperio Group LLC boosted its holdings in shares of Lattice Semiconductor by 57.2% during the 4th quarter. Aperio Group LLC now owns 27,677 shares of the semiconductor company’s stock worth $160,000 after purchasing an additional 10,070 shares during the last quarter. Alambic Investment Management L.P. acquired a new position in shares of Lattice Semiconductor during the 4th quarter worth approximately $180,000. Finally, Teacher Retirement System of Texas acquired a new position in shares of Lattice Semiconductor during the 4th quarter worth approximately $240,000. Institutional investors and hedge funds own 85.52% of the company’s stock.

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About Lattice Semiconductor

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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