M/A-COM price target raised to $21 from $17 at Jefferies Jefferies says it remains a buyer of M/A-COM shares following the company's December quarter results given its new product pipeline of higher-margin products. The firm raised its price target for shares to $21 and keeps a Buy rating on the name.
M/A-COM 2.7M share Block Trade priced at $38.20 The deal priced between the $38.10-$38.30 range. Morgan Stanley acted as sole book running manager for the offering. For complete deal analysis and syndicate pricings visit The Fly's syndicate section.
M/A-COM and Applied Optoelectronics to collaborate in orders for 100G QSFP28 M/A-COM Technology Solutions Holdings and Applied Optoelectronics announced their collaboration to support initial orders and production ramp of 100G QSFP28 optical transceiver solutions for datacenter applications.