Semtech Corporation stock has hit an all-time high, reaching $149.34. The stock surged 268% over the past year, pushing the company's market cap to $13.81 billion.
According to Bond.az, the stock trades just 0.95% below its 52-week high. Ten analysts have revised earnings estimates upward. However, Bond.az's Fair Value analysis suggests the stock may be overvalued at current levels.
Recent developments: Stifel raised its price target to $157, Benchmark to $120, Craig-Hallum to $105, and Oppenheimer to $110. Semtech also launched the TDS5311P protection device. Earnings are due in 5 days.
