Macom price target raised to $260 from $220 at BofA
BofA raised the firm’s price target on Macom (MTSI) to 220 and keeps a Buy rating on the shares. The firm raised price targets for most of its diversified analog semi stock coverage, noting that it expects modest calendar Q4 beats and Q1 raises across the board led by industrial semis given ongoing rebounds across most subsegments, favorable pricing, and robust growth in strategic AI businesses. Claim 50% Off TipRanks Premium Published first on TheFly – the ultimate source for real-time, marke ...