In recent stock market developments, Loop Capital has adjusted its price target for Lattice Semiconductor (LSCC, Financial), a notable player in the technology sector. The adjustment comes as part of regular updates provided by analysts to guide investors on potential stock movements.
Analyst Gary Mobley from Loop Capital has maintained a "Buy" rating for Lattice Semiconductor (LSCC, Financial), indicating continued confidence in the company's growth prospects. However, the price target has been lowered from $85.00 to $75.00 USD. This adjustment represents an 11.76% decrease from the previous target.
The decision to lower the price target for (LSCC, Financial) may impact how investors perceive the company's stock performance, although the maintained "Buy" rating suggests that underlying growth opportunities remain positive.
Lattice Semiconductor (LSCC, Financial) remains strategically positioned within the semiconductor industry, and this updated price target provides investors with a refined outlook on its potential market performance as assessed by Loop Capital.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Lattice Semiconductor Corp (LSCC, Financial) is $64.95 with a high estimate of $85.00 and a low estimate of $42.00. The average target implies an upside of 36.48% from the current price of $47.59. More detailed estimate data can be found on the Lattice Semiconductor Corp (LSCC) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Lattice Semiconductor Corp's (LSCC, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lattice Semiconductor Corp (LSCC, Financial) in one year is $57.66, suggesting a upside of 21.16% from the current price of $47.59. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lattice Semiconductor Corp (LSCC) Summary page.
