Short Term Rating on MaxLinear Inc (MXL)

MaxLinear Inc (MXL) has an average broker rating of 1.2, which is interpreted as a Strong Buy, as rated by 5 equity analysts. Nonetheless, 4 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) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $27 and the lowest price target forecast is $18. The average forecast of all the analysts is $22.25 and the expected standard deviation is $4.03.

For the current week, the company shares have a recommendation consensus of Buy.


MaxLinear Inc (NYSE:MXL): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.53 and $20.47 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.78. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.72, notching a gain of 2.17% for the day. The total traded volume was 1,014,777 . The stock had closed at $20.28 on the previous day.

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.

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