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Investment analysts at Jefferies Group upped their target price on shares of M/A-COM Technology Solutions Holdings (NASDAQ:MTSI) from $23.00 to $27.00 in a note issued to investors on Friday. Jefferies Group’s price objective suggests a potential upside of 14.07% from the stock’s previous close.

In other M/A-COM Technology Solutions Holdings news, SVP Michael T. Murphy sold 3,600 shares of M/A-COM Technology Solutions Holdings stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $22.58, for a total transaction of $81,288.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

A number of other firms have also recently commented on MTSI. Analysts at Stifel Nicolaus raised their price target on shares of M/A-COM Technology Solutions Holdings from $23.00 to $24.00 in a research note on Thursday, July 31st. Separately, analysts at Needham & Company LLC raised their price target on shares of M/A-COM Technology Solutions Holdings from $22.00 to $24.00 in a research note on Thursday, July 31st. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of M/A-COM Technology Solutions Holdings in a research note on Wednesday, July 30th. They now have a $23.00 price target on the stock, up previously from $20.00. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. M/A-COM Technology Solutions Holdings has a consensus rating of “Buy” and a consensus target price of $23.00.

Shares of M/A-COM Technology Solutions Holdings (NASDAQ:MTSI) traded up 3.63% during mid-day trading on Friday, hitting $23.68. The stock had a trading volume of 99,877 shares. M/A-COM Technology Solutions Holdings has a 52-week low of $13.20 and a 52-week high of $23.44. The stock has a 50-day moving average of $21.09 and a 200-day moving average of $19.67. The company’s market cap is $1.123 billion.

M/A-COM Technology Solutions Holdings (NASDAQ:MTSI) last announced its earnings results on Tuesday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.32. The company had revenue of $112.40 million for the quarter, compared to the consensus estimate of $110.75 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 34.6% on a year-over-year basis. Analysts expect that M/A-COM Technology Solutions Holdings will post $1.22 EPS for the current fiscal year.

M/A-COM Technology Solutions Holdings, Inc (NASDAQ:MTSI) is a provider of high-performance analog semiconductor solutions for uses in wireless and wireline applications across the radio frequency (RF), microwave and millimeter wave spectrum.

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