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A statement released earlier today by Stifel about M A-COM Tech (NASDAQ:MTSI) drops the target price to $35.00

In a report issued Wednesday November 15, 2017 Stifel dropped the price target of M A-COM Tech (NASDAQ:MTSI) from $43.00 to $35.00 stating a potential downside of -0.14%.

On 10/18/2017, Needham reported about M A-COM Tech (NASDAQ:MTSI) lowered the target price from $56.00 to $45.00 that suggested an upside of 0.19%.

Yesterday M A-COM Tech (NASDAQ:MTSI) traded 3.05% higher at $40.88. The company’s 50-day moving average is $43.59 and its 200-day moving average is $50.72. The last closing price is down -25.68% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 1,096,089 shares of MTSI traded, up from an average trading volume of 929,917

Recent Performance Chart

M A-COM Tech (NASDAQ:MTSI)

M A-COM Tech has with a one year low of $35.33 and a one year high of $65.99 and has a total market value of $0.

A total of 11 equity analysts have released a research note on MTSI. Four equity analysts rating the company a strong buy, seven brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $47.36.

General Information About M A-COM Tech (NASDAQ:MTSI)

MACOM Technology Solutions Holdings, Inc. is a provider of high-performance analog semiconductor solutions that enable Internet applications, the cloud-connected applications economy, and the networked battlefield across the radio frequency (RF), microwave, millimeterwave and photonic spectrum. It has multiple design centers, silicon, gallium arsenide and indium phosphide fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia. It also offers foundry services. It offered a portfolio of over 4,500 standard and custom devices, which include integrated circuits, multi-chip modules, power pallets and transistors, diodes, amplifiers, switches and switch limiters, passive and active components and complete subsystems, across more than 40 product lines serving three primary markets, as of September 30, 2016. The Company's products are RF Power Products, Optoelectronics and Photonic Solutions, among others.

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