Benchmark Reiterates Buy on MACOM Technology Solns, Maintains $120 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst David Williams has reiterated a Buy rating on MACOM Technology Solutions (NASDAQ:MTSI) and maintained a price target of $120.
September 12, 2024 | 10:32 am
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POSITIVE IMPACT
Benchmark analyst David Williams has reiterated a Buy rating on MACOM Technology Solutions, maintaining a price target of $120. This suggests confidence in the company's future performance.
The reiteration of a Buy rating and maintenance of a $120 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100