Market News / Story
Lattice Semiconductor in focus as William Blair initiates with Overweight rating
Seeking Alpha ·
Seeking Alpha reports: Lattice Semiconductor was in focus on Tuesday as William Blair initiated coverage on the semiconductor firm with an Overweight rating and a fair value of $160 per share. “Lattice is benefiting from a product re- fresh cycle, replacing legacy small footprint FPGAs with higher-ASP (average selling price) Nexus 2 devices,” analyst Sebastien Naji wrote in a note to clients. “The ramp of Avant, which touts 10- to 20-fold higher ASPs, will add a newer content growth vector…