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Fly News Breaks for February 13, 2019
LSCC
Feb 13, 2019 | 08:13 EDT
Jefferies analyst Mark Lipacis raised his price target for Lattice Semiconductor to $10.50 after the company reported in-line Q4 results and provided a Q1 revenue outlook above consensus. The analyst thinks Lattice has a three-year earnings per share power that approaches $1.00. Further, the stock has downside support as the only remaining small-cap FPGA pure play in a consolidating industry, Lipacis tells investors in a research note. He says Lattice Semiconductor is his top small-cap pick.
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