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Fly News Breaks for February 22, 2019
LSCC
Feb 22, 2019 | 08:30 EDT
Cowen analyst Matthew Ramsay initiated Lattice Semiconductor with an Outperform rating as he believes it represents one of the best pure plays against the edge computing and AI-inferencing opportunity. He believes its focus on edge FPGA silicon is well suited to capitalize on the need for flexible, low power, low latency processing as AI penetrates the Internet of Things. Ramsay has a $15 price target on Lattice Semiconductor shares.
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