Needham Maintains Buy on MaxLinear, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on MaxLinear (NASDAQ:MXL) but lowers the price target from $34 to $28.
October 26, 2023 | 10:41 am
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Needham analyst maintains a Buy rating on MaxLinear but lowers the price target from $34 to $28.
The news is directly about MaxLinear. The maintained Buy rating indicates a positive outlook, but the lowered price target may cause some investors to reassess their positions, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100