Analysts Raised MACOM Targets in November and December on Solid EPS and Sector Tailwinds

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) is one of the fastest-growing semiconductor stocks to buy. On December 3, Tim Savageaux, an analyst at Northland, increased his price target on the stock from $200 to $225 and maintained his Outperform rating. Following Marvell Technology’s acquisition of startup Celestial AI, Savageaux noted that several suppliers of lasers, external light sources, and other optical components are seeing improved long-term potential. He therefore updated his estimate ...