Stifel Maintains Buy on MACOM Technology Solns, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on MACOM Technology Solutions (NASDAQ:MTSI) and raises the price target from $115 to $135.
July 18, 2024 | 3:42 pm
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Stifel analyst Tore Svanberg maintains a Buy rating on MACOM Technology Solutions and raises the price target from $115 to $135.
The raised price target from $115 to $135 by a reputable analyst at Stifel is a positive signal for investors, indicating confidence in the company's future performance. This is likely to result in a short-term price increase for MTSI.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100