Barclays analyst Tom O’Malley raised the firm’s price target on Macom (MTSI) to $400 from $265 and keeps an Overweight rating on the shares.
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Read More on MTSI:
- Macom Technology Surges on Record Earnings and Outlook
- Macom price target raised to $450 from $295 at Jefferies
- MACOM Price Target Lifted to $400 on Accelerating Growth, Record Book-to-Bill, and Surging Data Center Demand
- Macom price target raised to $375 from $261 at Truist
- Macom reports Q2 adjusted EPS $1.09, consensus $1.07
