LSCC - Lattice Semiconductor To Generate Multi-Year Double-Digit Revenue Growth Says Analyst | Benzinga
Needham analyst N. Quinn Bolton initiates coverage on Lattice Semiconductor Corp (NASDAQ: LSCC) with a Buy rating and a price target of $90.
The analyst forecasts a 12.2% CAGR over the coming three years for revenue from the company's Nexus platform, launched in 2019.
Also, the launch of LSCC's new mid-range Avant platform more than doubles its TAM and represents a significant new growth vector, notes the analyst.
While not immune to macroeconomic factors, Lattice, the analyst says, can maintain its growth as a result of its expanding ...