11:20 AM EDT, 05/05/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target to $130 from $110, on an above-peer and historical P/E of 55x our 2027 EPS estimate to reflect growth prospects, a cyclical recovery, and content gain potential. After better-than-expected Q1 results and Q2 guidance, we increase our 2026 EPS to $1.82 from $1.54 and 2027 to $2.37 from $2.00. LSCC's Industrial & Embedded segment is recovering nicely, growing over 20% sequentially in Q1, while channel inventory normalized from three months to two, signaling strengthening end-demand and supply chain stabilization. The announced acquisition of AMI is expected to be immediately accretive, combining AMI's high-margin, software-centric firmware business with LSCC's FPGA hardware to create complete system-level solutions for AI. We are also encouraged by accelerated bookings and a strong backlog extending into 2027. We believe LSCC's "everywhere companion chip" strategy of providing complementary FPGAs that enhance rather than compete with CPUs and GPUs is proving highly effective.