Analyst Rating Update on Lattice Semiconductor Corporation (LSCC)

Lattice Semiconductor Corporation (NASDAQ:LSCC) : 3 brokerage houses believe that Lattice Semiconductor Corporation (NASDAQ:LSCC) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Lattice Semiconductor Corporation (NASDAQ:LSCC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.

Lattice Semiconductor Corporation (NASDAQ:LSCC) : 4 Wall Street analysts covering Lattice Semiconductor Corporation (NASDAQ:LSCC) believe that the average level the stock could reach for the short term is $7. The maximum price target given is $8 and the minimum target for short term is around $6, hence the standard deviation is calculated at $0.91.

For the current week, the company shares have a recommendation consensus of Buy. Also, Craig-Hallum downgrades their rating on the shares of Lattice Semiconductor Corporation (NASDAQ:LSCC). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 14, 2016.

Lattice Semiconductor Corporation (NASDAQ:LSCC): stock turned positive on Tuesday. Though the stock opened at $5.05, the bulls momentum made the stock top out at $5.17 level for the day. The stock recorded a low of $5.01 and closed the trading day at $5.1, in the green by 3.45%. The total traded volume for the day was 1,076,348. The stock had closed at $4.93 in the previous days trading.

In an insider trading activity, The officer (VP Corp, General Counsel), of Lattice Semiconductor Corp, Milstead Byron Wayne had unloaded 10,992 shares at $5.27 per share in a transaction on May 17, 2016. The total value of transaction was $57,928. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Lattice Semiconductor Corporation (Lattice) designs, develops and markets programmable logic products and related software. The Company also provides design services, customer training, field engineering and technical support. The Company has two programmable logic device (PLD) architectures, which include field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). Its product offerings under new category include LatticeECP5, MachXO3, Power Manager II and iCE40; products under mainstream include ispMACH4000ZE, ispMACH 4000/Z, LatticeECP2/M, LatticeXP2, MachXO, ispClock A/D/S and Software and IP, and products under mature include ispXPLD, FPSC, ORCA 2, ORCA 3, ORCA 4, ispPAC, ispLSI 8000V, ispMACH 5000B, ispMACH 2LV, ispMACH 5LV, ispLSI 2000V, ispLSI 5000V, ispMACH 5000VG, 5-volt CPLDs, ispGDX2, GDX/V, ispMACH 4/LV, iCE65, ispClock, Power Manager I, SPLDs, LatticeECP and LatticeXP. It also includes Silicon Image Top Solutions and Silicon Image IP Cores.

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