Barclays Keeps Their Hold Rating on MACOM Technology Solutions Holdings Inc (MTSI)


Barclays analyst Blayne Curtis maintained a Hold rating on MACOM Technology Solutions Holdings Inc (MTSI) yesterday and set a price target of $15. The company’s shares opened today at $15.33.

According to TipRanks.com, Curtis is a 5-star analyst with an average return of 10.8% and a 63.4% success rate. Curtis covers the Consumer Goods sector, focusing on stocks such as Smart Global Holdings Inc, Quantenna Communications, and Silicon Laboratories.

The word on The Street in general, suggests a Hold analyst consensus rating for MACOM Technology Solutions Holdings Inc with a $17.63 average price target, implying a 15.0% upside from current levels. In a report issued on April 24, Jefferies also downgraded the stock to Hold with a $15 price target.

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The company has a one-year high of $25.92 and a one-year low of $12.33. Currently, MACOM Technology Solutions Holdings Inc has an average volume of 708.5K.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, Charles Bland, a Director at MTSI bought 10,500 shares for a total of $21,000.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

MACOM Technology Solutions Holdings, Inc. engages in the design, development, manufacture and market of semiconductors and modules. It products include integrated circuits (IC), multi-chip modules (MCM), power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components, and complete subsystems.

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