Oppenheimer analyst Rick Schafer has increased the price target for Semtech (SMTC) from $81.00 to $100.00, maintaining an “Outperform” rating. This upgrade reflects a positive outlook on the company’s market potential and follows several other analysts who have also recently raised their price targets for Semtech. The average target price from 14 analysts is $93.83, indicating a potential upside from its current price.
Oppenheimer Elevates Semtech (SMTC) Price Target to $100 and Reiterates Outperform Rating | SMTC Stock News
Oppenheimer analyst Rick Schafer has increased the price target for Semtech (SMTC) from $81.00 to $100.00, maintaining an “Outperform” rating. This upgrade reflects a positive outlook on the company’s market potential and follows several other analysts who have also recently raised their price targets for Semtech. The average target price from 14 analysts is $93.83, indicating a potential upside from its current price.