JP Morgan Maintains Neutral on MACOM Technology Solns, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Peter Peng maintains a Neutral rating on MACOM Technology Solutions (NASDAQ:MTSI) and raises the price target from $105 to $110.

August 02, 2024 | 8:37 pm
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JP Morgan analyst Peter Peng maintains a Neutral rating on MACOM Technology Solutions (NASDAQ:MTSI) and raises the price target from $105 to $110.
The raised price target from $105 to $110 by JP Morgan indicates a positive outlook on MACOM Technology Solutions' future performance. However, the Neutral rating suggests that the stock may not outperform the market significantly in the short term.
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