M/A-Com Technology Solutions (MTSI): Pullback Is A Buying Opportunity - Needham

October 31, 2016 8:34 AM EDT
Get Alerts MTSI Hot Sheet
Price: $50.37 -5.36%

Rating Summary:
    8 Buy, 3 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 21 | Down: 36 | New: 11
Trade MTSI Now!
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

Needham & Company analyst, Quinn Bolton, reiterated his Buy rating on M/A-COM Technology Solutions (NASDAQ: MTSI) and suggests buying ahead of earnings on Tuesday (11/15).

The analyst believes the multiple drivers of the optical super cycle remain intact: demand from Chinese service providers, hyperscale data center operators and metro build-outs in NA. No change to the price target of $49.

For an analyst ratings summary and ratings history on M/A-COM Technology Solutions click here. For more ratings news on M/A-COM Technology Solutions click here.

Shares of M/A-COM Technology Solutions closed at $36.50 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Analyst Comments, Analyst EPS View

Related Entities

Needham & Company, Earnings

Add Your Comment