Susquehanna raised the firm’s price target on MaxLinear (MXL) to $15 from $11 and keeps a Neutral rating on the shares as part of a Q2 preview for the semiconductor group. The firm expects in-line to modest upside reports, driving by tariff-related demand pull-ins and continued artificial intelligence strength. However, the back half of the year is more uncertain, the analyst tells investors in a research note.
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