Stock Track | Semtech Soars 5.34% in Pre-market After UBS Raises Price Target to $165

Stock Track05-18 21:02

Semtech's stock price surged 5.34% during pre-market trading on Monday.

The significant price movement follows a positive analyst action from UBS, which raised its price target on Semtech to $165 from $105 while maintaining a Buy rating on the stock.

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