Information Provided By: 
Fly News Breaks for November 27, 2018
SMTC
Nov 27, 2018 | 08:56 EDT
Roth Capital analyst Scott Searle expects an in-line print and guidance toward the lower end of the Street range when Semtech reports Q3 results as softness in smartphones has continued. However, the analyst believes this is largely built into the outlook and valuation. Overall, his FY19/20/21 expectations remain reasonable and long-term secular growth drivers remain positive for IoT, Data Center, and, to a lesser extent, protection. Searle reiterates a Buy rating and $63 price target on the shares.
News For SMTC From the Last 2 Days
