UPDATE: Goldman Sachs Downgrades M/A-COM Technology Solutions on Valuation

By: Benzinga
In a report published Tuesday, Goldman Sachs analyst Mark Delaney downgraded the rating on M/A-COM Technology Solutions Holdings (NASDAQ: MTSI ) from Buy to Neutral, but reiterated the $17.00 price target. In the report, Goldman Sachs noted, “We downgrade M/A-COM (MTSI) to Neutral from Buy due entirely to valuation, as
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