Needham Reiterates Buy on MACOM Technology Solns, Maintains $84 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton has reiterated a 'Buy' rating on MACOM Technology Solutions (NASDAQ:MTSI) and maintained a price target of $84.
November 10, 2023 | 10:13 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MACOM Technology Solutions (NASDAQ:MTSI) has had its 'Buy' rating reiterated by Needham analyst Quinn Bolton, with a maintained price target of $84.
The reiteration of a 'Buy' rating by a reputable analyst like Quinn Bolton from Needham is a positive signal for the stock. The maintained price target of $84 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100