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Fly News Breaks for November 30, 2017
SMTC
Nov 30, 2017 | 09:31 EDT
BWS Financial analyst Hamed Khorsand said seasonality is impacting Semtech but that his thesis built around the ramping of its LoRa gateway deployments has not changed. He views the post-earnings weakness in the stock as a buying opportunity and maintains a Buy rating on Semtech shares with a $49 price target.
News For SMTC From the Last 2 Days
SMTC
Mar 28, 2024 | 18:16 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSTorrid... To see the rest of the story go to thefly.com. See Story Here
SMTC
Mar 28, 2024 | 16:17 EDT
Sees Q1 revenue $200M, plus or minus $5M, consensus $200.57M.
SMTC
Mar 28, 2024 | 13:05 EDT
Pre-earnings options volume in Semtech is 2.8x normal with calls leading puts 19:6. Implied volatility suggests the market is anticipating a move near 14.3%, or $3.90, after results are released. Median move over the past eight quarters is 7.5%.