Canaccord Genuity Starts Maxwell Technologies (MXWL) at Buy; Charging Ahead
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Price: $4.48 --0%
Rating Summary:
4 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
4 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Canaccord Genuity initiates coverage on Maxwell Technologies (NASDAQ: MXWL) with a Buy. PT $24.00.
Analyst, Jonathan Dorsheimer, said, "Currently Maxwell enjoys a near-monopoly in its ultracapacitor end markets, driven by a strong patent portfolio, decades of know-how and what we believe is the most efficient, low-cost production process in the industry for its electrode materials."
"Maxwell also participates in the steady, albeit less exciting, radiation-hardened space electronics market and in the high-voltage capacitor market used in electricity distribution. These businesses are not growing to the same extent as its ultracapacitors, but are solidly profitable and provide a nice base for the company."
For an analyst ratings summary and ratings history on Maxwell Technologies click here. For more ratings news on Maxwell Technologies click here.
Shares of Maxwell Technologies closed at $20.31 yesterday.
Analyst, Jonathan Dorsheimer, said, "Currently Maxwell enjoys a near-monopoly in its ultracapacitor end markets, driven by a strong patent portfolio, decades of know-how and what we believe is the most efficient, low-cost production process in the industry for its electrode materials."
"Maxwell also participates in the steady, albeit less exciting, radiation-hardened space electronics market and in the high-voltage capacitor market used in electricity distribution. These businesses are not growing to the same extent as its ultracapacitors, but are solidly profitable and provide a nice base for the company."
For an analyst ratings summary and ratings history on Maxwell Technologies click here. For more ratings news on Maxwell Technologies click here.
Shares of Maxwell Technologies closed at $20.31 yesterday.
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