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MaxLinear price target raised to $18 from $11 at Roth Capital

Roth Capital analyst Suji Desilva raised the firm’s price target on MaxLinear (MXL) to $18 from $11 and keeps a Neutral rating on the shares. MaxLinear reported and guided revenue ahead of consensus, reflecting recovery and growth driver benefits in core segments., the analyst tells investors in a research note. The company remains on track for strong optical growth this year with continued program ramp into CY26, Roth says.

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