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Analysts Offer Insights on Technology Companies: Lattice Semiconductor (LSCC), ON Semiconductor (ON) and Chegg (CHGG)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Lattice Semiconductor (LSCCResearch Report), ON Semiconductor (ONResearch Report) and Chegg (CHGGResearch Report).

Lattice Semiconductor (LSCC)

In a report released today, Quinn Bolton from Needham maintained a Buy rating on Lattice Semiconductor, with a price target of $80.00. The company’s shares closed last Monday at $76.86.

According to TipRanks.com, Bolton is a top 25 analyst with an average return of 28.7% and a 64.4% success rate. Bolton covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Everspin Technologies.

Currently, the analyst consensus on Lattice Semiconductor is a Moderate Buy with an average price target of $75.67, implying a 1.2% upside from current levels. In a report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $70.00 price target.

See the top stocks recommended by analysts >>

ON Semiconductor (ON)

Benchmark Co. analyst David Williams reiterated a Buy rating on ON Semiconductor today and set a price target of $80.00. The company’s shares closed last Monday at $70.82.

According to TipRanks.com, Williams is a 4-star analyst with an average return of 5.0% and a 49.4% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Lattice Semiconductor, and Power Integrations.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ON Semiconductor with a $116.15 average price target, implying a 70.8% upside from current levels. In a report issued on April 15, Evercore ISI also initiated coverage with a Buy rating on the stock with a $104.00 price target.

Chegg (CHGG)

In a report released today, Ryan MacDonald from Needham reiterated a Hold rating on Chegg. The company’s shares closed last Monday at $7.17, close to its 52-week low of $6.63.

According to TipRanks.com, MacDonald is a 4-star analyst with an average return of 7.9% and a 47.8% success rate. MacDonald covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Instructure Holdings, and PowerSchool.

Currently, the analyst consensus on Chegg is a Hold with an average price target of $8.40, a 19.0% upside from current levels. In a report released today, KeyBanc also maintained a Hold rating on the stock.

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