Lattice Semiconductor Corporation (LSCC) Shares are Up 5.72%

Lattice Semiconductor Corporation (LSCC) has been under a strong bear grip, hence the stock is down -0.05% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 5.75% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.72% in the last 1 week, and is up 0.33% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Lattice Semiconductor Corporation is up 14.45% in the last 3-month period. Year-to-Date the stock performance stands at -5.72%. The stock has recorded a 20-day Moving Average of 1.69% and the 50-Day Moving Average is 5.23%.


Lattice Semiconductor Corporation (NASDAQ:LSCC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.08 and $6.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.10, notching a gain of 0.33% for the day. The total traded volume was 730,954 . The stock had closed at $6.08 on the previous day.

Also, In the latest statement by the brokerage house, Jefferies maintains its outlook on Lattice Semiconductor Corporation (NASDAQ:LSCC). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $6.5 per share to $6.75 per share. The rating by the firm was issued on August 10, 2016.

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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