Barclays analyst Blayne Curtis maintained a Hold rating on MACOM Technology Solutions Holdings Inc (MTSI) yesterday and set a price target of $21.00. The company’s shares closed last Monday at $21.44.
According to TipRanks.com, Curtis is a 5-star analyst with an average return of 10.5% and a 62.7% success rate. Curtis covers the Consumer Goods sector, focusing on stocks such as Silicon Laboratories, Intel Corporation, and Texas Instruments.
Currently, the analyst consensus on MACOM Technology Solutions Holdings Inc is a Moderate Buy with an average price target of $22.10.
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Based on MACOM Technology Solutions Holdings Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $325 million. In comparison, last year the company had a GAAP net loss of $16.49 million.
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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.
