Benchmark Raises MACOM Technology Price Target to $260, Maintains 'Buy' Rating

Benchmark raises MACOM Technology Solutions' (MTSI) price target from $160 to $260, a 62.50% increase, and maintains a 'Buy' rating. Analysts have also raised their price targets and ratings for MTSI in recent months, demonstrating strong confidence in the company's market performance. The average brokerage recommendation is 2.1, indicating "Outperform" status.