Analyst Price Target Update on Lattice Semiconductor Corporation (NASDAQ:LSCC)

Lattice Semiconductor Corporation (NASDAQ:LSCC) shares are expected to touch $7 in the short term. This short term price target has been shared by 4 analysts. However, the standard deviation of short term price estimate has been valued at 0.91. The target price could hit $8 on the higher end and $6 on the lower end.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Craig-Hallum, downgrades their rating on the shares of Lattice Semiconductor Corporation (NASDAQ:LSCC). Craig-Hallum has a Hold rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 14, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP Corp, General Counsel) of Lattice Semiconductor Corp, Milstead Byron Wayne had sold 10,992 shares worth of $57,928 in a transaction dated May 17, 2016. In this transaction, 10,992 shares were sold at $5.27 per share.

Lattice Semiconductor Corporation (NASDAQ:LSCC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.7% at $5.64 with 892,844 shares getting traded. Post opening the session at $5.63, the shares hit an intraday low of $5.6 and an intraday high of $5.8 and the price was in this range throughout the day. The company has a market cap of $672 million and the number of outstanding shares have been calculated to be 119,185,609 shares. The 52-week high of Lattice Semiconductor Corporation (NASDAQ:LSCC) is $7.07 and the 52-week low is $3.25.

Lattice Semiconductor Corporation (Lattice) designs, develops and markets programmable logic products and related software. The Company also provides design services, customer training, field engineering and technical support. The Company has two programmable logic device (PLD) architectures, which include field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs). Its product offerings under new category include LatticeECP5, MachXO3, Power Manager II and iCE40; products under mainstream include ispMACH4000ZE, ispMACH 4000/Z, LatticeECP2/M, LatticeXP2, MachXO, ispClock A/D/S and Software and IP, and products under mature include ispXPLD, FPSC, ORCA 2, ORCA 3, ORCA 4, ispPAC, ispLSI 8000V, ispMACH 5000B, ispMACH 2LV, ispMACH 5LV, ispLSI 2000V, ispLSI 5000V, ispMACH 5000VG, 5-volt CPLDs, ispGDX2, GDX/V, ispMACH 4/LV, iCE65, ispClock, Power Manager I, SPLDs, LatticeECP and LatticeXP. It also includes Silicon Image Top Solutions and Silicon Image IP Cores.

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