Needham & Company Reiterates a 'Buy' on Maxwell Technologies (MXWL); Broad-Based Demand Drives Sales Upside
Tweet
Share
E-mailGet Alerts MXWL Hot Sheet
Price: $4.48 --0%
Rating Summary:
4 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
4 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Needham & Company reiterates a 'Buy' on Maxwell Technologies (NASDAQ: MXWL) price target raised from $20 to $23.
Needham analyst says, "Increasing broad-based adoption of Maxwell Technologies ultracapacitors drove a better than anticipated topline performance. The secular shift towards environmentally friendlier vehicles will benefit the company in the long-term. We expect production adoption to accelerate in upcoming quarters."
For more ratings news on Maxwell Technologies click here and for the rating history of Maxwell Technologies click here.
Shares of Maxwell Technologies closed at $19.25 yesterday.
Needham analyst says, "Increasing broad-based adoption of Maxwell Technologies ultracapacitors drove a better than anticipated topline performance. The secular shift towards environmentally friendlier vehicles will benefit the company in the long-term. We expect production adoption to accelerate in upcoming quarters."
For more ratings news on Maxwell Technologies click here and for the rating history of Maxwell Technologies click here.
Shares of Maxwell Technologies closed at $19.25 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Coherent (COHR) PT Raised to $420 at Needham
- Cellebrite (CLBT) PT Lowered to $12.50 at Needham
- Coherent (COHR) PT Raised to $420 at Needham
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Needham & CompanySign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
