Zacks Investment Research upgraded shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) from a strong sell rating to a hold rating in a report issued on Wednesday.

According to Zacks, “Lattice Semiconductor Corporation designs, develops and markets high performance programmable logic devices and related development system software. Programmable logic devices are standard smiconductor components that can be configured by the end customer as specific logic functions, enabling shorter design cycle times and reduced developpment costs. “

LSCC has been the topic of a number of other research reports. Craig Hallum reissued a hold rating and issued a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor Corporation in a research report on Thursday, September 14th. Jefferies Group LLC dropped their target price on Lattice Semiconductor Corporation from $8.30 to $6.50 and set a hold rating on the stock in a research report on Thursday, September 14th. BidaskClub lowered Lattice Semiconductor Corporation from a sell rating to a strong sell rating in a research report on Saturday, August 12th. Robert W. Baird reissued a hold rating and issued a $8.00 target price on shares of Lattice Semiconductor Corporation in a research report on Sunday, September 17th. Finally, ValuEngine downgraded Lattice Semiconductor Corporation from a hold rating to a sell rating in a research note on Monday, September 18th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. Lattice Semiconductor Corporation currently has an average rating of Hold and an average price target of $6.83.

Shares of Lattice Semiconductor Corporation (LSCC) opened at 5.59 on Wednesday. The company’s market cap is $687.41 million. Lattice Semiconductor Corporation has a 52 week low of $5.05 and a 52 week high of $7.99. The company has a 50 day moving average price of $5.49 and a 200 day moving average price of $6.41.

Lattice Semiconductor Corporation (NASDAQ:LSCC) last announced its earnings results on Tuesday, August 8th. The semiconductor company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.07). Lattice Semiconductor Corporation had a negative net margin of 9.50% and a positive return on equity of 3.95%. The firm had revenue of $94.14 million during the quarter, compared to analyst estimates of $105.60 million. On average, equities analysts expect that Lattice Semiconductor Corporation will post $0.14 earnings per share for the current year.

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A number of hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. grew its stake in Lattice Semiconductor Corporation by 2.3% in the first quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock valued at $159,000 after purchasing an additional 510 shares in the last quarter. Amalgamated Bank grew its stake in Lattice Semiconductor Corporation by 7.5% in the second quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 1,102 shares in the last quarter. Legal & General Group Plc grew its stake in Lattice Semiconductor Corporation by 2.7% in the second quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock valued at $288,000 after purchasing an additional 1,148 shares in the last quarter. OppenheimerFunds Inc. grew its stake in Lattice Semiconductor Corporation by 1.9% in the first quarter. OppenheimerFunds Inc. now owns 120,676 shares of the semiconductor company’s stock valued at $835,000 after purchasing an additional 2,295 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in Lattice Semiconductor Corporation by 3.3% in the second quarter. The Manufacturers Life Insurance Company now owns 96,271 shares of the semiconductor company’s stock valued at $641,000 after purchasing an additional 3,086 shares in the last quarter. Hedge funds and other institutional investors own 87.78% of the company’s stock.

About Lattice Semiconductor Corporation

Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.

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