Why Lattice Semiconductor Shares Are Seeing Blue Skies Today
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 16 2024
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Source: Benzinga
Leadership Change: Lattice Semiconductor Corporation has appointed Ford Tamer as CEO, succeeding Esam Elashmawi, who will now focus on his role as Chief Strategy and Marketing Officer.
Financial Outlook: The company reaffirmed its revenue guidance for Q3 2024, expecting between $117 million and $137 million, while shares have risen by 13.1% to $50.67 following the announcement.
Analyst Views on SNSR
Wall Street analysts forecast SNSR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNSR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 38.150
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Current: 38.150
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
