Loop Capital Downgrades MaxLinear to Hold, Announces $25 Price Target
Portfolio Pulse from richadhand@benzinga.com
Loop Capital analyst Ananda Baruah has downgraded MaxLinear (NASDAQ:MXL) from Buy to Hold and set a price target of $25.
August 01, 2023 | 12:00 pm
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MaxLinear has been downgraded from Buy to Hold by Loop Capital, with a new price target of $25.
The downgrade from Buy to Hold by Loop Capital indicates a less optimistic outlook for MaxLinear. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $25 also provides a benchmark for investors.
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