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Fly News Breaks for June 21, 2018
SMTC
Jun 21, 2018 | 09:11 EDT
BWS Financial analyst Hamed Khorsand raised his price target on Semtech to $70 from $49 following the company's investor day, noting that the company is forecasting growth in all of its business segments. LoRa, which got most of the attention at the event, could become a significantly larger revenue source for Semtech over the next couple of years, said Khorsand, who keeps a Buy rating on the stock.
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%.