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Fly News Breaks for June 21, 2018
SMTC
Jun 21, 2018 | 17:01 EDT
Loop Capital analyst Cody Acree initiated Semtech with a Buy rating and $60 price target, touting its diversification for a company of its size. Acree was also positive on the company's steadily growing revenue, a trend the analyst expects to continue or accelerate in the next few years.
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%.