Analyst price targets on Semtech versus the post-report price
post-report price
$136.71
~49% implied upside
average target
$204
$230
UBS
Timothy Arcuri
Buy - raised from 225, post-Q2
$230
Benchmark
Cody Acree
Buy - reiterated Aug 20, pre-Q2
$220
Roth MKM
Scott Searle
Buy - raised from 190, post-Q2
$200
Needham
N. Quinn Bolton
Buy - maintained, post-Q2
$195
Morgan Stanley
Joseph Moore
Hold - raised from 175, post-Q2
120
140
160
180
200
220
240
axis starts at $120
Benchmark's $230 was reiterated Aug 20, before the report; the other four are post-Q2 (Aug 25-26).
Post-report price is the Aug 26 intraday snapshot; ~$204 is the average analyst target.