UPDATE: Williams Financial Group Reiterates Buy Rating, Raises PT on Semtech Corporation Following In-Line Q1 EPS, Upside
May 23, 2013 at 10:03 AM EDT
In a report published Thursday, Williams Financial Group analyst Cody G. Acree reiterated a Buy rating on Semtech Corporation (NASDAQ: SMTC ), and raised the price target from $36.00 to $44.00. In the report, Williams Financial noted, “Semtech (SMTC, Buy, $36.33) continued to show its strength in customer, product and