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Investment Surge in MaxLinear, Inc.
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Investment Surge in MaxLinear Stock
Investment Surge in MaxLinear, Inc.
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Overview
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Millrace Asset Group Inc. significantly boosts its stake in MaxLinear, Inc., while other institutional investors follow suit. MaxLinear reports quarterly earnings with a negative EPS, and analysts predict further decline. Brokerages offer a 'Hold' rating with an average target price of $25.18.
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How does the 'Hold' rating from brokerages impact investor sentiment and MaxLinear's stock performance?
How might the increased stakes from Millrace Asset Group Inc. and other institutional investors influence MaxLinear's future strategies?
What factors contributed to MaxLinear's negative EPS and how could the company address these challenges?
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