Wall Street Analysts Predict a 35.43% Upside in Semtech (SMTC): Here's What You Should Know
SMTCSemtech(SMTC) ZACKS·2024-07-17 22:56

Shares of Semtech (SMTC) have gained 23.2% over the past four weeks to close the last trading session at 36.33,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof36.33, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 49.20 indicates a potential upside of 35.4%.The mean estimate comprises 10 short-term price targets with a standard deviation of 8.35.Whilethelowestestimateof8.35. While the lowest estimate of 30 indicates a 17.4% decline from the current price l ...