why Lattice Semiconductor Corp. [LSCC] is a Good Choice for Investors After New Price Target of $80.97

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Lattice Semiconductor Corp. [NASDAQ: LSCC] gained 3.10% on the last trading session, reaching $61.60 price per share at the time.

If compared to the average trading volume of 2.09M shares, LSCC reached a trading volume of 2833595 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Lattice Semiconductor Corp. [LSCC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LSCC shares is $80.97 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LSCC stock is a recommendation set at 1.73. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Deutsche Bank have made an estimate for Lattice Semiconductor Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 30, 2023. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on October 24, 2023, representing the official price target for Lattice Semiconductor Corp. stock. Previously, the target price had yet another raise to $95, while BofA Securities analysts kept a Neutral rating on LSCC stock.

The Average True Range (ATR) for Lattice Semiconductor Corp. is set at 2.21, with the Price to Sales ratio for LSCC stock in the period of the last 12 months amounting to 12.22. The Price to Book ratio for the last quarter was 12.41, with the Price to Cash per share for the same quarter was set at 0.78. Price to Free Cash Flow for LSCC in the course of the last twelve months was 37.78 with Quick ratio for the last quarter at 3.01.

Trading performance analysis for LSCC stock

Lattice Semiconductor Corp. [LSCC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.29. With this latest performance, LSCC shares gained by 1.37% in over the last four-week period, additionally sinking by -7.09% over the last 6 months – not to mention a drop of -35.32% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LSCC stock in for the last two-week period is set at 48.93, with the RSI for the last a single of trading hit 54.50, and the three-weeks RSI is set at 46.32 for Lattice Semiconductor Corp. [LSCC]. The present Moving Average for the last 50 days of trading for this stock 66.17, while it was recorded at 61.34 for the last single week of trading, and 69.15 for the last 200 days.

Lattice Semiconductor Corp. [LSCC]: A deeper dive into fundamental analysis

Lattice Semiconductor Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.01 and a Current Ratio set at 4.18.

Lattice Semiconductor Corp. [LSCC]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LSCC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lattice Semiconductor Corp. go to 6.76%.

An analysis of Institutional ownership at Lattice Semiconductor Corp. [LSCC]

The top three institutional holders of LSCC stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in LSCC stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in LSCC stock with ownership which is approximately 5.1238%.

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