Seeking Alpha

MaxLinear (MXL -7%) takes a hit after Morgan Stanley cut the shares to overweight and removed...

MaxLinear (MXL -7%) takes a hit after Morgan Stanley cut the shares to overweight and removed its $12 price target after the company cut its FY12 EPS targets. In additon to the lowered EPS targets, Morgan also cites weakness in the company's consumer end-market.
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