MaxLinear (MXL) Misses Q2 EPS by 6c ; Offers Guidance
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Needham Downgrades MaxLinear (MXL) to Hold
July 25, 2024 7:16 AM EDTNeedham analyst N. Quinn Bolton downgraded MaxLinear (NASDAQ: MXL) from Buy to Hold.
The analyst comments "MXL guided revenue below the Street for the 7th straight quarter. We downgrade the shares to Hold. Our key takes: 1) Despite positive bookings and inventory commentary,... More
