Wolfspeed to Sell RF Business to MACOM for $125 Million
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MACOM Technology Solutions (MTSI) PT Raised to $88 at Stifel on Asset Acquisition
August 22, 2023 4:09 PM EDTStifel analyst Tore Svanberg raised the price target on MACOM Technology Solutions (NASDAQ: MTSI) to $88.00 (from $85.00) while maintaining a Buy rating after the company entered into an asset purchase agreement with Wolfspeed, Inc. to acquire its radio frequency business for $125 million.
The analyst... More
