M/A-Com Technology Solutions (MTSI) Tops Q2 EPS by 2c, Offers Q3 Guidance

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Go back to M/A-Com Technology Solutions (MTSI) Tops Q2 EPS by 2c, Offers Q3 Guidance

M/A-COM (MTSI) 100G Visibility Improving, Top Small Cap Pick - Jefferies

April 27, 2016 9:51 AM EDT

Jefferies analyst, Mark Lipacis, highlighted M/A-COM Technology Solutions (NASDAQ: MTSI) as his top small cap pick after the beat and raise quarter made him more confident in MTSI's growth drivers (100G, GaN RF Power). No change to Buy rating but PT goes to $51 from $50.

MTSI targets reaching 60% GM exiting C'16 as it extracts COGS synergies from recent acquisitions (FiBest, Aeroflex) and... More