B of A Securities Downgrades MACOM Technology Solns to Neutral, Announces $72 Price Target
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Vivek Arya has downgraded MACOM Technology Solns (NASDAQ:MTSI) from Buy to Neutral and set a price target of $72.
July 18, 2023 | 10:54 am
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MACOM Technology Solns has been downgraded from Buy to Neutral by B of A Securities, with a price target of $72.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for MACOM Technology Solns, which could negatively impact the stock price in the short term. The price target of $72 provides a benchmark for investors.
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