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Investment Boost in MaxLinear Sparks Interest
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Investment Surge in MaxLinear Stock
Investment Surge in MaxLinear, Inc.
Investors Increase Stake in MaxLinear
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Overview
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Millrace Asset Group Inc. significantly raises its holding in MaxLinear, Inc. during Q3, along with other institutional investors. MaxLinear reports quarterly earnings with a loss per share and revenue figures. Analysts predict a challenging EPS for the year ahead.
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How does the 'Hold' rating from brokerages and the target price of $25.18 influence investor perceptions of MaxLinear's stock?
How might the increased stake by Millrace Asset Group Inc. impact MaxLinear's strategic decisions and future direction?
What factors could have led to the challenging EPS forecast for MaxLinear, and how might the company address them?
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