UPDATE: Oppenheimer Raises Semtech PT to $41 Following Gennum Acquisition

Oppenheimer published a report Wednesday that maintained its Outperform rating on Semtech Corp. (NASDAQ: SMTC ) and raised its price target from $35 to $41. In the report, Oppenheimer wrote, "We're increasing our SMTC estimates and price target following a second consecutive quarter of standout execution. SMTC reported 4Q (Jan.)