Barclays Sticks to Their Hold Rating for 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 $16. The company’s shares closed yesterday at $16.53, close to its 52-week low of $13.07.

According to TipRanks.com, Curtis is a 5-star analyst with an average return of 8.3% and a 58.2% 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 $20 average price target.

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The company has a one-year high of $34.99 and a one-year low of $13.07. Currently, MACOM Technology Solutions Holdings Inc has an average volume of 809K.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock.

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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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