Maxim Integrated Products (MXIM) Reports In-Line Q2 EPS, Offers Q3 Guidance
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Susquehanna Remains Sidelined on Maxim Integrated Products (MXIM) Following In-Line 2Q
January 22, 2016 8:02 AM ESTSusquehanna maintained a Neutral rating on Maxim Integrated Products (NASDAQ: MXIM), and cut the price target to $33.00 (from $34.00), following the company's 2Q earnings report. MXIM reported revenue of $510.8 mln, slightly ahead of consensus of $505 mln. EPS was in line with consensus at $0.32. The companys tone was also considerably more cautious on June as... More
RBC Capital Remains Sidelined on Maxim Integrated Products (MXIM) Following In-Line Quarter Results
January 22, 2016 7:28 AM ESTRBC Capital reiterated a Sector Perform rating and $35.00 price target on Maxim Integrated Products (NASDAQ: MXIM) following the company's 2Q earnings report. MXIM reported an inline Dec-qtr but guided Marqtr below expectations citing lower Samsung unit expectations. MXIM reported results that met Street expectations with revenues and EPS of $510.8M and $0.32 vs. Street at... More
