Maxim Integrated Products (MXIM) Tops Q2 EPS by 3c
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January 27, 2017 8:32 AM EST
RBC Capital raised its price target on Maxim Integrated Products (NASDAQ: MXIM) to $45.00 (from $40.00) while maintaining a Sector Perform rating. MXIM reported 2Q results of $551M/$0.46, compared to the Street at $540M/$0.43. MXIM guided 3Q revenues/EPS to $555-595M/$0.49- $0.55 vs. Street at... More
January 27, 2017 8:12 AM EST
Jefferies raised its price target on Maxim Integrated Products (NASDAQ: MXIM) to $49.00 (from $45.00) while maintaining a Buy rating following 'beat and raise' results.
Analyst Mark Lipacis commented, "MXIM reported a solid beat and raise, with revenue outlook of $575m 120bps above consensus... More
January 27, 2017 6:45 AM EST
Drexel Hamilton raised its price target on Maxim Integrated Products (NASDAQ: MXIM) to $52.00 (from $46.00) while maintaining a Buy rating. Maxim reported December quarter revenue of $551 million, which compared to the Street consensus of $540.5 million. Sales were down 2% sequentially, but up 8% year-over-year. EPS of $0.46... More
January 27, 2017 6:21 AM EST
BofA/Merrill Lynch upgraded Maxim Integrated Products (NASDAQ: MXIM) from Neutral to Buy with a price target of $51.00.
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 $41.97 yesterday.
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