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Jefferies Cuts Price Target on M/A-Com Technology Solutions (MTSI) Following Mixed 4Q
November 16, 2016 8:28 AM ESTJefferies maintained a Buy rating on M/A-COM Technology Solutions (NASDAQ: MTSI), and cut the price target to $49.00 (from $50.00), following the company's 4Q earnings report. Revenues of $153M were above consensus of $150M. However, EPS missed estimates by 2c due to fiscal year-end incentives... More
