MACOM Reports Fiscal First Quarter 2017 Financial Results
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M/A-COM Technology Solutions (MTSI) PT Raised to $55 at Jefferies; Reiterates Buy
February 1, 2017 7:39 AM ESTJefferies raised its price target on M/A-COM Technology Solutions (NASDAQ: MTSI) to $55.00 (from $52.00) while maintaining a Buy rating following the company's 1Q earnings report. Revenues of $152mm were in line with consensus, while GM of 57.2% was 90bps below consensus 58.1%. EPS of $0.57, was... More
M/A-COM Technology Solutions (MTSI) PT Raised to $54 at Needham & Company
February 1, 2017 6:44 AM ESTNeedham & Company raised its price target on M/A-COM Technology Solutions (NASDAQ: MTSI) to $54.00 (from $49.00) while maintaining a Buy rating following Q1 results.
Analyst N. Quinn Bolton commented, "MTSI delivered in line F1Q17 revenue and NG EPS despite... More
