Lattice Semiconductor (LSCC) Rating Increased to Hold at BidaskClub
Lattice Semiconductor (NASDAQ:LSCC) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Friday.
A number of other research analysts have also weighed in on LSCC. Zacks Investment Research raised shares of Lattice Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Jefferies Group raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $7.00 price target on the stock in a research note on Wednesday, October 18th. Finally, ValuEngine lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $7.00.
Lattice Semiconductor (NASDAQ LSCC) opened at $6.37 on Friday. The firm has a market cap of $785.84, a PE ratio of -10.98, a P/E/G ratio of 1.17 and a beta of 1.57. Lattice Semiconductor has a 12 month low of $5.05 and a 12 month high of $7.55. The company has a quick ratio of 1.60, a current ratio of 2.20 and a debt-to-equity ratio of 1.28.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in LSCC. Amalgamated Bank lifted its stake in Lattice Semiconductor by 7.5% in the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 1,102 shares in the last quarter. Jane Street Group LLC purchased a new position in Lattice Semiconductor in the 3rd quarter worth approximately $107,000. BNP Paribas Arbitrage SA lifted its stake in Lattice Semiconductor by 723.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock worth $137,000 after purchasing an additional 18,105 shares in the last quarter. Bluefin Trading LLC purchased a new position in Lattice Semiconductor in the 2nd quarter worth approximately $176,000. Finally, Legal & General Group Plc lifted its stake in Lattice Semiconductor by 2.7% in the 2nd quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock worth $288,000 after purchasing an additional 1,148 shares in the last quarter. 85.49% of the stock is currently owned by institutional investors and hedge funds.
COPYRIGHT VIOLATION NOTICE: “Lattice Semiconductor (LSCC) Rating Increased to Hold at BidaskClub” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2018/01/19/lattice-semiconductor-lscc-rating-increased-to-hold-at-bidaskclub.html.
About Lattice Semiconductor
Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.