Craig-Hallum Upgrades MACOM Technology Solns to Buy, Announces $110 Price Target
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon has upgraded MACOM Technology Solns (NASDAQ:MTSI) from Hold to Buy and set a price target of $110.
September 06, 2023 | 1:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MACOM Technology Solns has been upgraded from Hold to Buy by Craig-Hallum analyst Richard Shannon, with a new price target of $110.
The upgrade from Hold to Buy by a reputable analyst indicates a positive outlook for the company. The new price target of $110 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100