MaxLinear (MXL) Tops Q4 EPS by 3c, Offers Q1 Guidance

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MaxLinear (MXL) PT Raised to $29 at Needham & Company

February 9, 2017 9:07 AM EST

Needham & Company analyst N. Quinn Bolton reiterates Buy rating and raises price target on MaxLinear Inc. (NYSE: MXL) to $29 (from $26), as 2016 fourth results and 2017 first quarter revenue figures matched estimates, while the company reaffirmed its outlook for the Infrastructure business.

Bolton comments,... More