MACOM Technology Solutions (MTSI) Reports In-Line Q4 EPS, Revenues Slightly Miss; Offers Q1 EPS/Revenue Outlook

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Go back to MACOM Technology Solutions (MTSI) Reports In-Line Q4 EPS, Revenues Slightly Miss; Offers Q1 EPS/Revenue Outlook

M/A-COM Technology Solutions (MTSI) PT Lowered to $27 at Needham & Company

November 14, 2018 8:55 AM EST

Needham & Company analyst N. Quinn Bolton lowered the price target on M/A-COM Technology Solutions (NASDAQ: MTSI) to $27.00 (from $34.00) while maintaining a Buy rating.

Bolton commented, "MTSI reported in-line F4Q18 results and F1Q19 guidance. DC product revenue was driven by... More