Needham Maintains Buy on MACOM Technology Solns, Raises Price Target to $84
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Quinn Bolton maintains a Buy rating on MACOM Technology Solutions (NASDAQ:MTSI) and raises the price target from $65 to $84.
August 07, 2023 | 9:45 am
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Needham analyst has maintained a Buy rating on MACOM Technology Solutions and raised the price target from $65 to $84.
The news of Needham maintaining a Buy rating and raising the price target for MACOM Technology Solutions is likely to have a positive impact on the company's stock in the short term. This is because such news often leads to increased investor confidence and can drive up the stock price.
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IMPORTANCE 80
RELEVANCE 100