Barclays Maintains Overweight on MACOM Technology Solns, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tom O'Malley maintains an Overweight rating on MACOM Technology Solutions (NASDAQ:MTSI) and raises the price target from $115 to $120.
August 02, 2024 | 3:12 pm
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Barclays analyst Tom O'Malley maintains an Overweight rating on MACOM Technology Solutions and raises the price target from $115 to $120.
The raised price target and maintained Overweight rating from Barclays is a positive signal for investors, indicating confidence in MACOM Technology Solutions' future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100