Does Semtech (SMTC) Have the Potential to Rally 50.9% as Wall Street Analysts Expect?

Shares of Semtech (SMTC) have gained 9.4% over the past four weeks to close the last trading session at $37.33, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of$56.33 indicates a potential upside of 50.9%.The average comprises 12 short-term price targets ranging from a low of $43 to a high of$68, with a standard deviation of $8.32. While the lowest estimate indicates an increas ...