These Analysts Boost Their Forecasts On Semtech After Upbeat Q2 Earnings
1. Semtech's Q2 revenue reached $257 million, beating estimates. 2. Q2 adjusted earnings of 41 cents per share exceeded expectations. 3. Q3 revenue forecast is $261 to $271 million, higher than estimates. 4. Analysts raised price targets post-earnings, reflecting positive sentiment. 5. Semtech shares rose 11.5% following the earnings announcement.