MaxLinear to Acquire Exar in All-Cash Transaction
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MaxLinear (MXL) PT Raised to $32 at Needham & Company Following Agreement to Acquire Exar
March 30, 2017 7:35 AM EDTNeedham & Company raised its price target on MaxLinear (NYSE: MXL) to $32.00 (from $29.00) while maintaining a Buy rating. MXL's announced agreement to purchase Exar has strategic benefits; including increased scale, revenue and customer diversification, expansion into the interface and power management analog segments and cross-selling... More
