Bullish Case: Recent strong performance, short-term price recovery, and robust industrial and consumer market growth may continue driving SMTC price higher.


Bearish Case: High short interest, historical long-term price decline, and uncertainties around merger synergies might exert downward pressure on SMTC.


Potential Outcomes: Price rise due to market growth (60%), decline on bearish sentiment (30%), stability if factors offset (10%).


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April 09, 2024


Semtech Forecast

SMTC        Semtech
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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