Semtech Corporation (SMTC) outperform the Q4 estimates; Stifel reduces the target price, citing the most softened expectations and the risks of customs tariffs

STIFEL analyst has recently reduced Svanberg from the target price on Semtech Corporation (NASDAQ: SMTC) to $ 35 from $ 54 and kept a purchase classification on shares. Semtech Corporation (SMTC) develops, manufacturing and marketing semiconductor, mixed, mixed and advanced algorithms.

The introductory effects, including secondary and third effects, leave the consulting through a comprehensive view of the first -quarter profit season of the analog, communication and processors group for the results of the quarter of March, but in the quarter of June.

Regardless of where the definitions are eventually escalating in size, duration and breadth, the consultant believes that the possibility that the semiconductor industry has increased to a periodic periodic shrinkage, adding the analyst to observe the inspection.

Technician searches for a circuit board for semiconductor products.

In profits for the fourth fiscal quarter, the company has reported profits per share of $ 0.40, overcoming the estimates of analysts of $ 0.08. During this period, revenues amounted to $ 251 million, overcoming market estimates of $ 1.74 million.

While we admit the capabilities of SMTC, our condemnation lies in the belief that some artificial intelligence shares have a greater promise to provide higher and limited returns than negative risks. If you are looking for a more promising IQ stock of SMTC and has 100x capabilities, check our report on this topic The cheapest inventory of artificial intelligence.

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Detection: Nothing.