MACOM Technology Solutions (MTSI) Tops Q3 EPS by 4c

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MACOM Technology Solutions (MTSI) PT Raised to $72 at Needham & Company

July 30, 2021 6:42 AM EDT

Needham & Company analyst Quinn Bolton raised the price target on MACOM Technology Solutions (NASDAQ: MTSI) to $72.00 (from $70.00) while maintaining a Buy rating.

The analyst commented, "MACOM reported F3Q21 revenue in-line while GM exceeded expectations by ~130bps. Likewise, F4Q21 revenue guidance... More