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Lattice Semiconductor (LSCC) Gets a Buy from RBC Capital

Tipranks - Tipranks - Thu Feb 12, 6:10AM CST

In a report released yesterday, Srini Pajjuri from RBC Capital reiterated a Buy rating on Lattice Semiconductor, with a price target of $118.00.

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According to TipRanks, Pajjuri is a 5-star analyst with an average return of 36.0% and a 75.00% success rate. Pajjuri covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Intel, and ASML Holding.

In addition to RBC Capital, Lattice Semiconductor also received a Buy from Needham’s Quinn Bolton in a report issued today. However, yesterday, Bank of America Securities reiterated a Sell rating on Lattice Semiconductor (NASDAQ: LSCC).

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Based on Lattice Semiconductor’s latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $133.35 million and a net profit of $2.79 million. In comparison, last year the company earned a revenue of $127.09 million and had a net profit of $7.19 million

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