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Investment Firms Increase MaxLinear Holdings
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Investment Surge in MaxLinear Stock
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Overview
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Millrace Asset Group Inc. significantly boosts stake in MaxLinear, Inc., while other institutional investors follow suit. MaxLinear reports mixed financials with a consensus 'Hold' rating and an average target price of $25.18.
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How does the 'Hold' rating and average target price of $25.18 reflect market sentiment towards MaxLinear, and what implications does this have for investors?
How might the increased investment by Millrace Asset Group Inc. impact MaxLinear's strategic direction or operations?
What factors could be contributing to the fluctuating financial performance of MaxLinear, as evidenced by the negative EPS projections?
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