Maxwell Technologies (MXWL) Tops Q4 EPS by 2c

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Northland Capital Markets Downgrades Maxwell Technologies (MXWL) to Market Perform

February 6, 2015 7:28 AM EST

Northland Capital Markets downgraded Maxwell Technologies (NASDAQ: MXWL) from Outperform to Market Perform with a price target of $6.00 (from $14.00).

Analyst Noah Kaye commented, "Lowering rating from Outperform to Market Perform. Reducing price target from $14 to $6 based on 8.5x our 2016E EBITDA of... More