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Enter Symbol:
Rating: MXL
Buy $16

MaxLinear, Inc. (NYSE: MXL) upgraded to Buy with price target $16 by Needham

Thursday,  Sep 17, 2015  8:25 AM ET by Dave Ficere

Needham upgraded MaxLinear, Inc. (NYSE: MXL) to Buy with
price target $16. Previously Needham rated Hold MaxLinear, Inc. (NYSE: MXL) on 12/29/2014, when the stock price was $6.91.

MaxLinear, Inc. is a provider of integrated radio-frequency (RF) analog and mixed-signal semiconductor solutions for broadband communications applications. The Company?s RF receiver products capture and process digital and analog broadband signals to be decoded for various applications. These products include both RF receivers and RF receiver systems-on-chip (SoCs), which incorporate the Company?s integrated radio system architecture and the functionality necessary to demodulate broadband signals. The Company?s products enable the display of broadband video in a range of electronic devices, including cable and terrestrial set top boxes, digital televisions, mobile handsets, personal computers, netbooks and in-vehicle entertainment devices.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.

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