Weekly Recap: Seaport Global Buy $200 target and data-center optical shift

Seaport Global initiated coverage of Semtech Corporation (NASDAQ:SMTC) with a Buy and $200 target, highlighting the company’s strategic shift into AI—data—center optical components and expected 2027—28 AI optical demand, while its LoRa Plus LR2021 transceiver won the 2026 EDGE Award.Previous Week R…