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The rating upgrade and target imply a constructive analyst view, though this remains an analyst opinion rather than a company-specific catalyst.
What happened, with direct paths to the underlying reporting
Raymond James upgraded MTSI to Outperform and set a $300 target, about 23% above the posted price of $243.58.
Target: $300
Posted price: $243.58
Analyst firm: Raymond James
Analyst: Melissa Fairbanks
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