Analysts See Up To 37% Upside On Raised Price Targets Following Semtech’s Q2 Beat
Semtech Corp’s (NASDAQ:SMTC) Q2 revenue of $185 million, up 29% year-on-year, beat the analyst consensus of $182.6 million.…
46 Stocks Moving In Thursday’s Mid-Day Session
Gainers
Sphere 3D Corp. (NASDAQ: ANY) shares surged 36% to $9.02 as traders circulate a tweet from popular Twitter trader Will Meade saying 'Long $ANY this is the next $SPRT and they have a very good management team.'
Oppenheimer Maintains Outperform on Semtech, Raises Price Target to $85
Oppenheimer analyst Rick Schafer maintains Semtech (NASDAQ:SMTC) with a Outperform and raises the price target from $80 to $85.
B. Riley Securities Maintains Buy on Semtech, Raises Price Target to $97
B. Riley Securities analyst Craig Ellis maintains Semtech (NASDAQ:SMTC) with a Buy and raises the price target from $95 to $97.
Needham Maintains Buy on Semtech, Raises Price Target to $88
Needham analyst Quinn Bolton maintains Semtech (NASDAQ:SMTC) with a Buy and raises the price target from $86 to $88.
10 Stocks Moving In Wednesday’s After-Hours Session
Gainers
INmune Bio (NASDAQ: INMB) shares are trading higher after the company announced XPro has been found to decrease multiple species of Phospho Tau and improve neuroimaging biomarkers of myelination in patients with AD.