Barclays Maintains Overweight on MACOM Technology Solns, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley maintains an Overweight rating on MACOM Technology Solutions (NASDAQ:MTSI) and raises the price target from $75 to $80.
August 04, 2023 | 3:51 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on MACOM Technology Solutions and raises the price target from $75 to $80. This could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for MACOM Technology Solutions. This could lead to increased investor confidence and potentially an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100