Barclays analyst Tom O’Malley raised the firm’s price target on Macom (MTSI) to $150 from $125 and keeps an Overweight rating on the shares following the earnings report. The company’s end markets take turns driving consistent growth, which should yield a premium in periods of uncertainty, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTSI:
- MACOM Technology Solutions Reports Strong Q2 2025 Results
- Macom Technology Solutions Reports Record Q2 Revenue
- Strong Buy Rating for MACOM Technology Solutions Holdings Driven by Robust Performance and Promising Growth Prospects
- Macom reports Q2 adjusted EPS 85c, consensus 84c
- Macom sees Q3 adjusted EPS 87c-91c, consensus 87c
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue