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MaxLinear price target lowered to $23 from $25 at Susquehanna

MaxLinear price target lowered to $23 from $25 at Susquehanna

Susquehanna lowered the firm’s price target on MaxLinear (MXL) to $23 from $25 and keeps a Neutral rating on the shares. The firm said despite better results/guidance, softer Infra perhaps left investors looking for more optical/AI upside. Guidance suggests continued growth off the bottom.

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