Fintel reports that on August 1, 2023, Baird maintained coverage of Lattice Semiconductor (NASDAQ:LSCC) with a Outperform recommendation.
Analyst Price Forecast Suggests 10.79% Upside
As of July 6, 2023, the average one-year price target for Lattice Semiconductor is 100.75. The forecasts range from a low of 82.82 to a high of $115.50. The average price target represents an increase of 10.79% from its latest reported closing price of 90.94.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Lattice Semiconductor is 749MM, an increase of 3.66%. The projected annual non-GAAP EPS is 2.06.
What is the Fund Sentiment?
There are 1111 funds or institutions reporting positions in Lattice Semiconductor. This is an increase of 95 owner(s) or 9.35% in the last quarter. Average portfolio weight of all funds dedicated to LSCC is 0.44%, an increase of 8.37%. Total shares owned by institutions decreased in the last three months by 0.33% to 172,163K shares. 
The put/call ratio of LSCC is 0.61, indicating a bullish outlook.
What are Other Shareholders Doing?
Artisan Partners Limited Partnership holds 8,745K shares representing 6.35% ownership of the company. In it's prior filing, the firm reported owning 9,840K shares, representing a decrease of 12.52%. The firm increased its portfolio allocation in LSCC by 21.69% over the last quarter.
T. Rowe Price Investment Management holds 7,408K shares representing 5.38% ownership of the company. In it's prior filing, the firm reported owning 9,893K shares, representing a decrease of 33.54%. The firm increased its portfolio allocation in LSCC by 2.99% over the last quarter.
Neuberger Berman Group holds 6,081K shares representing 4.42% ownership of the company. In it's prior filing, the firm reported owning 6,205K shares, representing a decrease of 2.04%. The firm decreased its portfolio allocation in LSCC by 30.32% over the last quarter.
Invesco holds 4,610K shares representing 3.35% ownership of the company. In it's prior filing, the firm reported owning 4,805K shares, representing a decrease of 4.23%. The firm decreased its portfolio allocation in LSCC by 87.55% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 4,246K shares representing 3.08% ownership of the company. In it's prior filing, the firm reported owning 4,163K shares, representing an increase of 1.96%. The firm increased its portfolio allocation in LSCC by 38.63% over the last quarter.
Lattice Semiconductor Background Information
(This description is provided by the company.)
Lattice Semiconductor is the low power programmable leader. We solve customer problems across the network, from the Edge to the Cloud, in the growing communications, computing, industrial, automotive, and consumer markets. Our technology, long-standing relationships, and commitment to world-class support lets our customers quickly and easily unleash their innovation to create a smart, secure and connected world.
Additional reading:
- LATTICE DETAILS NEXT GROWTH PHASE AND LONG-TERM FINANCIAL MODEL AT 2023 ANALYST AND INVESTOR DAY
- Lattice Semiconductor Corporation Form of Indemnification Agreement
- Lattice Semiconductor Corporation 2023 Equity Incentive Plan and related form agreements.
- LATTICE SEMICONDUCTOR REPORTS First QUARTER 2023 RESULTS
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
