MaxLinear (MXL) Tops Q2 EPS by 3c; Guides Q3 Revs Below Views

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Go back to MaxLinear (MXL) Tops Q2 EPS by 3c; Guides Q3 Revs Below Views

MaxLinear (MXL) PT Lowered to $20 at Needham & Company

August 8, 2018 7:22 AM EDT

Needham & Company lowered its price target on MaxLinear (NYSE: MXL) to $20.00 (from $22.00) while maintaining a Buy rating.

Analsyt N. Quinn Bolton commented, "MXL reported 2Q18 revenue at the low end of guidance while NG EPS beat our estimate by $0.06 on stronger than... More