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Fly News Breaks for March 15, 2018
SMTC
Mar 15, 2018 | 08:07 EDT
Roth Capital analyst Scott Searle raised his price target for Semtech to $45 from $39 after the company produced a Q4 beat and raise despite recent investor concerns around optical headwinds and smartphone product transitions. The analyst reiterates a Buy rating on the shares.
News For SMTC From the Last 2 Days
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%.