Cantor Fitzgerald Starts Maxim Integrated Products (MXIM) at Buy; High-Performance Analog Juggernaut

Cantor Fitzgerald initiates coverage on Maxim Integrated Products (NASDAQ: MXIM) with a Buy. PT $35.00.

Cantor analyst says, "Maxim's focus on "high-integration" solutions (~34% of revenues) is yielding consistent share gains (e.g. smartphone power management IC), as they displace multiple chips, lower system cost, and improve power and performance. Although the electronics supply chain is tight and in inventory reduction mode, we believe high-performance analog suppliers, like Maxim, who possess highly-customized products (>80%), sticky customer bases, and lowest-cost manufacturing, will best weather (and exit) the storm."

For an analyst ratings summary and ratings history on Maxim Integrated Products click here. For more ratings news on Maxim Integrated Products click here.

Shares of Maxim Integrated Products closed at $25.76 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• TD Cowen Resumes EQT Corp. (EQT) at Hold
• Loop Capital initiates Instacart (CART) and DoorDash (DASH) at Buy
• Truist Securities Starts Delek Logistics Partners, LP (DKL) at Buy