Loading...
Loading...
In a report released yesterday, Deutsche Bank commented on MaxLinear
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.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in