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Susquehanna Sticks to Its Hold Rating for Maxlinear (MXL)

Tipranks - Tipranks - Sat Jan 31, 8:32AM CST

Susquehanna analyst Christopher Rolland reiterated a Hold rating on Maxlinear today and set a price target of $18.00.

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Rolland covers the Technology sector, focusing on stocks such as Advanced Micro Devices, ON Semiconductor, and Synaptics. According to TipRanks, Rolland has an average return of 21.5% and a 58.63% success rate on recommended stocks.

In addition to Susquehanna, Maxlinear also received a Hold from Roth MKM’s Sujeeva De Silva in a report issued today. However, on the same day, Benchmark Co. reiterated a Buy rating on Maxlinear (NASDAQ: MXL).

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Based on Maxlinear’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $136.44 million and a GAAP net loss of $14.9 million. In comparison, last year the company earned a revenue of $92.17 million and had a GAAP net loss of $57.84 million

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