SYNA - On Semi Lattice Semi Cirrus Logic among top M&A candidates Susquehanna says
On Semiconductor (ON), Lattice Semiconductor (LSCC), Cirrus Logic (CRUS), Synaptics (SYNA) and Lumentum (LITE) are the top five M&A candidates for this year among semiconductor companies, Susquehanna writes in note.On Semiconductor is #1 takeover candidate and could be pushed a Starboard is activist in the company, according to Susquehanna analyst Christopher RollandLattice is #2 after AMD's (AMD) planned purchase of Xilinx (XLNX) Lattice is the last pure-play FPGA provider available; most likely buyers include Qualcomm (QCOM), Broadcom (AVGO), Intel (INTC), Skyworks (SWKS), Microchip (MCHP) and Marvell (MRVL)#3 top takeout candidate is Cirrus as the company could be a good candidate for Apple (AAPL), Samsung (SSNLF) or othersCRUS PT raised to $106 from $95; LITE PT to $125 from $115; LSCC to $52 from $40; ON to $42 from $36; SYNA to $122 from $115On Semiconductor up 0.9% in premarket trading; Cirrus Logic gained 1.6%Yesterday, After lukewarm years, BofA says chip picks ready to
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On Semi, Lattice Semi, Cirrus Logic among top M&A candidates, Susquehanna says