TD Cowen Cuts Price Targets on Lattice, CEVA and Coherent, Keeps Buy Ratings
TD Cowen lowered price targets on Lattice Semiconductor, CEVA and Coherent while maintaining Buy ratings on all three companies, according to Dow Jones Newswires.
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what happened
Dow Jones Newswires, citing Benzinga, reported that TD Cowen cut its price target on Lattice Semiconductor to $130 per share from $165. The Buy rating was maintained.
At 09:58 and 09:59 GMT the same day, the analyst updated estimates for two other companies. The Coherent target was lowered to $275 from $395, and the CEVA target to $35 from $45. Both stocks also kept a Buy rating.
why it matters
A cut to price targets without a change in rating means the analyst is adjusting the valuation of these stocks but not changing the overall view of the companies. Markets usually take such updates calmly when they concern individual names rather than the whole sector. For investors in semiconductors and optical components, it is a reminder that analyst valuations can shift even while ratings stay positive.
tags
instruments
sources
- Lattice Semiconductor Price Target Cut to $130.00/Share From $165.00 by TD Cowen — Dow Jones Newswires, 20 October 2026 at 09:55 UTC
- CEVA Price Target Cut to $35.00/Share From $45.00 by TD Cowen — Dow Jones Newswires, 20 October 2026 at 09:59 UTC
- Coherent Price Target Cut to $275.00/Share From $395.00 by TD Cowen — Dow Jones Newswires, 20 October 2026 at 09:58 UTC
- ON Semiconductor Price Target Cut to $75.00/Share From $95.00 by TD Cowen — Dow Jones Newswires, 20 October 2026 at 10:15 UTC
- indie Semiconductor Price Target Cut to $2.00/Share From $4.50 by TD Cowen — Dow Jones Newswires, 20 October 2026 at 10:23 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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