Benchmark raises Semtech stock price target on data center growth

Investing_ng | 28-05-2026 03:17am |

Benchmark has increased its stock price target for Semtech, citing the company's growth in the data center sector as a key factor. This adjustment reflects the firm's confidence in Semtech's potential to capitalize on the expanding demand for data center solutions. The revised target indicates a positive outlook for Semtech's performance in the market, particularly in light of the increasing reliance on data infrastructure.

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