-
@ Layer3.news
2025-05-22 08:50:14
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
SEMTECH CORPORATION (SMTC) BEATS Q4 ESTIMATES; STIFEL CUTS PRICE TARGET CITING SOFTER OUTLOOK AND TARIFF RISKS
https://s.yimg.com/ny/api/res/1.2/3esDRXI9jGqqA2uIp0FJJA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzM-/https://media.zenfs.com/en/insidermonkey.com/910572a0ad5ff0a0875e0acd32a29ed3
--
✍️ Stifel analyst Tore Svanberg lowered the price target on Semtech Corporation to $35 from $54 and maintained a Buy rating.
--
👉 Stifel analyst Tore Svanberg lowered the price target on Semtech Corporation to $35 from $54
👉 The company develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms
👉 The analyst believes that the likelihood of the overall semiconductor industry tipping over into a cyclical downturn has increased
👉 The company's Q1 earnings season results will be generally in-line but with softer June quarter outlooks
--
#ToreSvanberg #technology
--
nostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgzksqmuazpr4xvrqqdunptqr6j4yj2h8cfq8mmv2ga9agcmw2jupqv2enr0