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Fly News Breaks for May 30, 2019
SMTC
May 30, 2019 | 04:49 EDT
B. Riley FBR analyst Craig Ellis lowered his price target for Semtech to $60 from $65 saying Huawei and macro pressure weighed on the company's outlook. The analyst, however, saw "bright spots" in the quarter and keeps a Buy rating on the shares.