MaxLinear (MXL) Boosts Q3 Revenue Outlook, Trims Operating Expenses Expectations

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Needham & Company Upgrades MaxLinear (MXL) to Buy

September 17, 2015 6:14 AM UTC

Needham & Company upgraded MaxLinear (NYSE: MXL) from Hold to Buy with a price target of $16.00 on stronger than expected broad-based demand.

Analyst N. Quinn Bolton commented, "esterday, before the open, MXL raised its 3Q15 guidance and issued positive commentary on 4Q15.... More