Maxwell Reports Second Quarter 2018 Results and Provides Business Outlook for Third Quarter 2018

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Maxwell Technologies (MXWL) PT Lowered to $6 at Oppenheimer

August 7, 2018 9:05 AM EDT

Oppenheimer lowered its price target on Maxwell Technologies (NASDAQ: MXWL) to $6.00 (from $7.00) while maintaining an Outperform rating.

Analyst Noah Kaye commented, "MXWL reported 2Q18 revenue/EPS below consensus and guided 3Q below the Street as tariff- and tax reform-driven revenue softness persisted in the... More