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YahooOctober 1, 2026 at 7:17 PM NY26 Days Ago

Why Are Semtech (SMTC) Shares Soaring Today

Shares of semiconductor company Semtech (NASDAQ:SMTC) jumped 5.1% in the afternoon session after StreetInsider reported that Oppenheimer raised its price target on the company's stock to $225 from $200 and reiterated an Outperform rating.

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