Lattice Semiconductor Stock Surges on Analyst Confidence

Lattice Semiconductors stock surged by 5.4% in afternoon trading, following positive analyst sentiment and increased price targets from multiple firms. Stifel, Benchmark, and Raymond James raised their targets to $80, $82, and $80 respectively, reflecting confidence in the companys long-term growth potential. Lattice Semiconductors focus on low-power chips for AI servers has led to increased design wins and a 34.6% stock rise since the years start, reaching a new 52-week high of $75.32 per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.