Analyst Ratings Adjusted for MACOM Technology Solutions and Mueller Industries

Wall Street Zen downgraded MACOM Technology Solutions (NASDAQ:MTSI) from a “buy” to a “hold.” Other analysts issued mixed opinions, with Loop Capital recommending a buy and a $300 target, Weiss Ratings maintaining a hold, Truist raising its price objective to $375, and HC Wainwright reiterating a buy. MACOM reported quarterly earnings of $1.09 per share, beating the $1.07 consensus, and posted revenue of $288.95 million, above the $285.20 million estimate. The semiconductor company has a market capitalisation of about $20.4 billion.

Mueller Industries (NYSE:MLI) was lowered by Wall Street Zen from a “strong‑buy” to a “buy.” Weiss Ratings restated a buy rating, and Northcoast Research upgraded the stock to buy with a $75 target. Mueller posted earnings of $1.13 per share, topping the $1.09 estimate, and revenue of $1.43 billion, exceeding the $1.27 billion forecast. The industrial‑products firm’s market capitalisation is roughly $14.1 billion.