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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100