** Brokerage Truist starts coverage on MACOM Technology Solutions MTSI.O with "buy" rating and $125 PT
** Brokerage says MTSI is a leading company in the radio frequency $(RF)$ segment of the semiconductor industry, which is growing at 5% per year
** Brokerage believes MTSI has several growth opportunities on the horizon, including a 27% growth rate in AI and data center communications, a 68% growth rate in low-earth orbit commercial satellites, and an 18% growth rate in extending its GaN-on-SiC semiconductor technology into new markets
** The impact of tariffs is expected to be moderate due to MTSI's geographic revenue and manufacturing split - Truist
** 11 out of 15 brokerages rate the stock "buy" or higher, 4 rate "hold" and median PT is $150 as per data compiled by LSEG
** Including session's moves, MIST stock down 26.4% YTD
(Reporting by Padmanabhan Ananthan)
((Padmanabhan.Ananthan@thomsonreuters.com))