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MACOM (MTSI) jumps after BMO upgrade to Outperform

MACOM Technology Solutions’ shares rose about 4.6% in the afternoon session after BMO Capital upgraded the company from Market Perform to Outperform, according to TradingView News/CNBC’s report on Harsh Kumar.

MTSI

Shares of network chips maker MACOM Technology Solutions NASDAQ:MTSI rose 4.6% in afternoon trading after BMO Capital upgraded the semiconductor company from Market Perform to Outperform. CNBC reported that BMO Capital analyst Harsh Kumar assigned the higher rating to the company.

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