Stifel Maintains Buy on MACOM Technology Solns, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg has maintained a Buy rating on MACOM Technology Solutions (MTSI) and increased the price target from $88 to $90, indicating a positive outlook on the company's stock.
November 10, 2023 | 8:29 pm
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Stifel analyst Tore Svanberg maintains a Buy rating on MACOM Technology Solutions and raises the price target from $88 to $90, suggesting confidence in the company's future performance.
The increase in price target by Stifel reflects a positive assessment of MACOM Technology Solutions' prospects, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100