Zacks Rating on M/A-COM Technology Solutions Holdings (MTSI)

M/A-COM Technology Solutions Holdings (MTSI) : Zacks Investment Research ranks M/A-COM Technology Solutions Holdings (MTSI) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 1.5, which indicates as a Strong Buy.

M/A-COM Technology Solutions Holdings (MTSI) : The consensus price target for M/A-COM Technology Solutions Holdings (MTSI) is $47.14 for the short term with a standard deviation of $3.63. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $52, however, the pessimist price target for the company is $42.


Shares of MACOM Technology Solutions Holdings, Inc. rose by 8.48% in the last five trading days and 13.69% for the last 4 weeks. MACOM Technology Solutions Holdings, Inc. is up 17.7% in the last 3-month period. Year-to-Date the stock performance stands at 3.57%. M/A-COM Technology Solutions Holdings (NASDAQ:MTSI): stock turned positive on Tuesday. Though the stock opened at $41.63, the bulls momentum made the stock top out at $43.4526 level for the day. The stock recorded a low of $41.63 and closed the trading day at $42.35, in the green by 2.54%. The total traded volume for the day was 823,535. The stock had closed at $41.3 in the previous days trading.

M/A-COM Technology Solutions Holdings, Inc. is a supplier of analog semiconductor solutions for use in wireless and wireline applications across the radio microwave and millimeter wave spectrum. The Companys semiconductor products are electronic components which includes point-to-point wireless backhaul radios, radar, automobile navigation systems, digital cable television (CATV) set-top boxes, magnetic resonance imaging systems and unmanned aerial vehicles. The Company operates in four markets: Networks, which includes CATV, cellular backhaul, cellular infrastructure and fiber optic applications; Aerospace and Defense; Automotive, which includes global positioning system modules sold to the automotive industry; and Multi-market, which includes industrial, medical, mobile communications and scientific applications. The Company serves systems manufacturers, OEMs, contract manufacturers and distributors.

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