Don’t forget to check out our premarket coverage hereJoshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI).Lending support to his choice, Barclays analyst Tom O’Malley maintained MACOM with an Overweight rating on May 22 and raised the price target from $400 to $450.MACOM Technology reported better-than-expected second-quarter financial results on May 7 and issued third-quarter guidance above estimates.Price Action:
Corning shares jumped 11.1% to close at $194.92 on Thursday.
MACOM rose 6.6% to settle at $391.41 during the session.
