MaxLinear Inc (MXL) has an average broker rating of 1.17, which is interpreted as a Strong Buy, as rated by 6 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
MaxLinear Inc (MXL) : Average target price received by MaxLinear Inc (MXL) is $22.2 with an expected standard deviation of $3.03. The most aggressive target on the stock is $25, whereas the most downbeat target is $18. 5 financial analysts are currently covering the stock.
Also, In a research note released to the investors, Deutsche Bank maintains its rating on MaxLinear Inc (NYSE:MXL).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Deutsche Bank lowers the new price target from $30 per share to $25 per share. The rating by the firm was issued on August 9, 2016.
MaxLinear Inc (NYSE:MXL): After opening at $18.4, the stock dipped to an intraday low of $18.28 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $19.17 and the buying power remained strong till the end. The stock closed at $19.14 for the day, a gain of 4.42% for the day session. The total traded volume was 915,579. The stocks close on the previous trading day was $18.33.
MaxLinear, Inc. is a provider of integrated, radio-frequency (RF) and mixed-signal integrated circuits for broadband communications and data center, metro, and long-haul transport network applications. The Company offers semiconductor products, such as RF Receivers, RF Receiver systems-on-chip (SoCs), Laser Modulator Drivers, Transimpedance Amplifiers, and Clock and Data Recovery Circuits. The Companys products receive and process RF and digital signals and enable the display of broadband video and data content in a range of electronic devices, including cable and terrestrial and satellite set top boxes, data over cable service interface specification (DOCSIS) data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and optical modules for data center, metro, and long-haul transport network applications.