Stifel Maintains Buy on MaxLinear, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a 'Buy' rating on MaxLinear (NASDAQ:MXL) but lowers the price target from $33 to $28.
October 26, 2023 | 7:32 pm
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Stifel maintains a 'Buy' rating on MaxLinear but lowers the price target from $33 to $28.
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