Zacks Investment Research downgraded shares of MAXLINEAR INC-A (MXL) from NEUTRAL to UNDERPERFORM on February 11, 2013, with a target price of $5.60.
MaxLinear is a provider of radio-frequency analog and mixed signal semiconductor SoC solutions for broadband communication applications offering small silicon die-size, and low power consumption. The Company's RF receiver products capture and process digital and analog broadband signals to be decoded for various applications. These products include both RF receivers and RF receiver systems-on-chip (SoCs), which incorporate the Company's integrated radio system architecture and the functionality necessary to demodulate broadband signals. MaxLinear's current products enable the display of broadband video in a wide range of electronic devices, including cable and terrestrial set top boxes, digital televisions, mobile handsets, personal computers, netbooks, and in-vehicle entertainment devices. MaxLinear is based in Carlsbad, California.
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