Stifel raised the firm’s price target on Macom (MTSI) to $255 from $215 and keeps a Buy rating on the shares. After a strong start in FY26, the firm believes this could represent a year in which Macom demonstrates continued growth across its three end markets, the analyst tells investors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MTSI:
- Macom price target raised to $240 from $165 at JPMorgan
- Macom Technology Solutions Earnings Call Highlights Growth Momentum
- MACOM: Strengthening Data Center and Telecom Growth Underpins Buy Rating and $250 Target
- Evercore ISI boosts Macom price target, says there is further upside
- MACOM: Accelerating Multi-Year Growth in High-Margin Data Center, Telecom, and Defense Driving Top SMID-Cap Analog Semi Pick
