MaxLinear (MXL) Guides Q4 & Q1 Revenue Above Street Estimates

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Needham & Company Raises PT Following MaxLinear's (MXL) Positive 4Q Pre-Announcement

January 6, 2016 4:28 PM EST

Needham & Company reiterated a Buy rating on MaxLinear (NYSE: MXL), and raised the price target to $19.00 (from $18.00), following the company's positively pre-announced 4Q15 ahead of investor meetings at CES. Citing strength across the companys business toward the end of the quarter, management has improved visibility into 1Q16 and provided preliminary 1Q16... More