Form 8-K MAXLINEAR INC For: Jul 28

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Go back to Form 8-K MAXLINEAR INC For: Jul 28

MaxLinear (MXL) PT Raised to $54 at Needham & Company

July 29, 2021 7:23 AM EDT

Needham & Company analyst N. Quinn Bolton raised the price target on MaxLinear (NYSE: MXL) to $54.00 (from $50.00) while maintaining a Buy rating.

The analyst commented, "MaxLinear reported solid 2Q21 results and provided 3Q21 revenue and GM guidance that exceeded expectations. With 2Q21 GM of 60.2%,... More