Stifel Maintains Buy on MaxLinear, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a 'Buy' rating on MaxLinear (NASDAQ:MXL) but lowers the price target from $38 to $33.
October 19, 2023 | 12:54 pm
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NEUTRAL IMPACT
Stifel maintains a 'Buy' rating on MaxLinear but lowers the price target from $38 to $33.
The news is directly related to MaxLinear. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100