Needham Maintains Buy on MACOM Technology Solns, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Quinn Bolton maintains a Buy rating on MACOM Technology Solutions (NASDAQ:MTSI) and raises the price target from $110 to $120.
August 02, 2024 | 11:15 am
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POSITIVE IMPACT
Needham analyst Quinn Bolton maintains a Buy rating on MACOM Technology Solutions and raises the price target from $110 to $120.
The raised price target and maintained Buy rating from a reputable analyst are likely to positively impact MTSI's stock price in the short term as it signals confidence in the company's performance and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100