Deutsche Bank Reports on MaxLinear (MXL) - MaxLinear (NASDAQ:MXL)

27% profit every 20 days?

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In a report released yesterday, Deutsche Bank commented on MaxLinear (NYSE: MXL). In the report, Deutsche Bank was positive in its assessment of the company.Deutsche Bank writes, “With the Cable STB ramp coming ahead of our expectations and rebound expected in Consumer sales in 2H11, we believe that MXL will see robust revenue/EPS acceleration in 2H11 and 2012. Consequently, we reiterate our Buy rating and $12 price target.”Deutsche Bank currently has a Buy rating on MaxLinear and a price target of $12.00. Shares of MaxLinear closed the trading day at $8.93, down from the opening price of $8.89.

27% profit every 20 days?

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