Craig-Hallum Maintains Hold on MACOM Technology Solns, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a 'Hold' rating on MACOM Technology Solns (NASDAQ:MTSI) and raises the price target from $70 to $85.
August 23, 2023 | 4:45 pm
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MACOM Technology Solns' price target has been raised from $70 to $85 by Craig-Hallum, while maintaining a 'Hold' rating.
The raised price target indicates that the analyst sees potential for the stock's price to increase. However, the 'Hold' rating suggests that the analyst does not recommend buying more of the stock at the current time, which could limit the immediate impact on the stock's price.
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