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Fly News Breaks for July 20, 2018
SMTC
Jul 20, 2018 | 07:08 EDT
Stifel analyst Tore Svanberg initiated Semtech with a Buy rating and $60 price target, citing his view of its key technology leadership in end markets including IoT, data centers and mobile handsets.
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%.