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Fly News Breaks for February 12, 2020
LSCC
Feb 12, 2020 | 08:29 EDT
Rosenblatt analyst Hans Mosesmann reiterated his Buy rating and $24 price target on Lattice Semiconductor shares following the company's "slight beat" and "flattish" guidance ahead of what he sees being a recovery year for the semiconductor industry and specifically Lattice FPGA solutions and platforms. The company's outlook incorporates "some prudent cautiousness" given the coronavirus outbreak and 5G uptake being "lumpy," Mosesmann added.
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