Analyst Expectations For MACOM Technology Solns's Future
Portfolio Pulse from Benzinga Insights
MACOM Technology Solutions (NASDAQ:MTSI) has been analyzed by six analysts, showing a range of opinions from bullish to indifferent. The average 12-month price target has increased by 6.02% to $117.5. Analysts have raised their price targets, reflecting positive sentiment despite the company's financial challenges, such as lower net margins and ROE compared to industry averages.
October 25, 2024 | 7:01 pm
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MACOM Technology Solutions has received mixed analyst ratings, with a recent increase in the average 12-month price target to $117.5, indicating a positive outlook. However, the company faces financial challenges such as lower net margins and ROE compared to industry averages.
The increase in the average price target by analysts suggests a positive short-term outlook for MTSI. Despite financial challenges like lower net margins and ROE, the raised price targets and positive sentiment from analysts indicate potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100