What 6 Analyst Ratings Have To Say About MaxLinear
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 analysts have published their opinion on MaxLinear (NASDAQ:MXL) stock. The average price target for MaxLinear has decreased by 23.24% from the previous average price target of $38.00 to $29.17. The analysts' ratings are divided with 3 being bullish and 3 being indifferent.
October 19, 2023 | 3:01 pm
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The average price target for MaxLinear has decreased by 23.24% over the past 3 months, indicating a potential downward trend. Analysts' opinions are divided, which may lead to volatility.
The decrease in the average price target suggests that analysts are less optimistic about the stock's performance, which could negatively impact its price. The divided opinions among analysts could lead to increased volatility as investors react to the differing views.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100