MACOM Technology Solutions Holdings Inc Reaches Analyst Target Price
July 08, 2024 at 10:26 AM EDT
In recent trading, shares of MACOM Technology Solutions Holdings Inc (MTSI) have crossed above the average analyst 12-month target price of $112.92, changing hands for $114.11/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
