Lattice Semiconductor (NASDAQ:LSCC) Upgraded at BidaskClub

BidaskClub upgraded shares of Lattice Semiconductor (NASDAQ:LSCC) from a sell rating to a hold rating in a research note published on Friday, January 19th.

Several other equities analysts also recently weighed in on LSCC. ValuEngine downgraded Lattice Semiconductor from a hold rating to a sell rating in a research note on Sunday, December 31st. Jefferies Group raised Lattice Semiconductor from a hold rating to a buy rating and set a $7.00 price target for the company in a research report on Wednesday, October 18th. Finally, Zacks Investment Research cut Lattice Semiconductor from a hold rating to a strong sell rating in a report on Friday, October 20th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $7.00.

Lattice Semiconductor (LSCC) traded up $0.14 on Friday, hitting $6.01. The stock had a trading volume of 1,228,651 shares, compared to its average volume of 1,485,367. The stock has a market cap of $724.16, a P/E ratio of -10.19, a P/E/G ratio of 1.11 and a beta of 1.58. The company has a current ratio of 2.20, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. Lattice Semiconductor has a fifty-two week low of $5.05 and a fifty-two week high of $7.55.

Institutional investors have recently made changes to their positions in the stock. Amalgamated Bank grew its holdings in shares of Lattice Semiconductor by 7.5% during the second quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 1,102 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Lattice Semiconductor by 2.7% during the second quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock valued at $288,000 after purchasing an additional 1,148 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Lattice Semiconductor by 3.3% during the second quarter. The Manufacturers Life Insurance Company now owns 96,271 shares of the semiconductor company’s stock valued at $641,000 after purchasing an additional 3,086 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Lattice Semiconductor by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 498,295 shares of the semiconductor company’s stock valued at $3,317,000 after purchasing an additional 3,316 shares during the last quarter. Finally, TIAA CREF Investment Management LLC grew its holdings in shares of Lattice Semiconductor by 1.3% during the second quarter. TIAA CREF Investment Management LLC now owns 331,796 shares of the semiconductor company’s stock valued at $2,210,000 after purchasing an additional 4,291 shares during the last quarter. 84.70% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION WARNING: “Lattice Semiconductor (NASDAQ:LSCC) Upgraded at BidaskClub” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://www.dispatchtribunal.com/2018/02/12/bidaskclub-upgrades-lattice-semiconductor-lscc-to-hold.html.

About Lattice Semiconductor

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply