Lattice Semiconductor Corporation (LSCC) Receives Price Target

Lattice Semiconductor Corporation (LSCC) stock is expected to deviate a maximum of $0.88 from the average target price of $7.06 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $8 and the most muted being $6.

Lattice Semiconductor Corporation (LSCC) : The consensus on Lattice Semiconductor Corporation (LSCC) based on 4 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


Also, Equity analysts at the Brokerage firm Jefferies maintains its rating on Lattice Semiconductor Corporation (NASDAQ:LSCC). The rating major has initiated the coverage with buy rating on the shares. The Analysts at Jefferies 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 (NASDAQ:LSCC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.13 and $6.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $6.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.20, notching a gain of 0.81% for the day. The total traded volume was 704,760 . The stock had closed at $6.15 on the previous day.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.