Craig-Hallum Maintains Hold on MaxLinear, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Richard Shannon maintains a Hold rating on MaxLinear (NASDAQ:MXL) and lowers the price target from $38 to $28.
July 25, 2024 | 4:07 pm
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Craig-Hallum analyst Richard Shannon maintains a Hold rating on MaxLinear and lowers the price target from $38 to $28.
The lowered price target from $38 to $28 by Craig-Hallum suggests a less optimistic outlook for MaxLinear, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100