Craig-Hallum Maintains Buy on MACOM Technology Solns, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Buy rating on MACOM Technology Solutions (MTSI) and raises the price target from $95 to $120.
May 03, 2024 | 4:53 pm
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Craig-Hallum analyst Richard Shannon maintains a Buy rating on MACOM Technology Solutions and raises the price target from $95 to $120.
The increase in price target by a reputable analyst suggests a strong bullish outlook on the stock, likely leading to positive investor sentiment and a potential short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100