Benchmark Maintains Buy on MACOM Technology Solns, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst David Williams maintains a Buy rating on MACOM Technology Solutions (MTSI) and raises the price target from $95 to $115.

May 06, 2024 | 11:48 am
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Benchmark analyst David Williams maintains a Buy rating on MACOM Technology Solutions and raises the price target from $95 to $115.
The increase in price target by Benchmark analyst David Williams from $95 to $115 reflects a positive outlook on MACOM Technology Solutions (MTSI), suggesting a strong belief in the company's future performance. This upgrade is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100