M/A-Com Technology (MTSI) Tops Q4 EPS by 16c, Guides Q1 Revs.

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Jefferies on M/A-COM Technology (MTSI)

November 14, 2012 10:28 AM EST

Jefferies maintained a Buy rating on M/A-COM Technology Solutions (NASDAQ: MTSI) but trimmed its price target to $17.00 (from $21.00).

Analysts said they remain buyers of MTSI given better revenue performance relative to competitors and a robust new product pipeline of higher-margin products... More