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Lattice Semiconductor To Generate Multi-Year Double-Digit Revenue Growth, Says Analyst

Grand News Network | October 24, 2023

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 ...

Full story available on Benzinga.com


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