Maxim Integrated Reports Results For The Second Quarter Of Fiscal 2020

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Go back to Maxim Integrated Reports Results For The Second Quarter Of Fiscal 2020

Maxim Integrated Products (MXIM) PT Raised to $65 at Cowen

January 29, 2020 7:31 AM EST

Cowen analyst Matthew Ramsay raised the price target on Maxim Integrated Products (NASDAQ: MXIM) to $65.00 (from $62.00) while maintaining a Market Perform rating.

The analyst commented, "Solid beat/raise further signifies the painful inventory correction appears complete allowing company specific growth drivers to... More

Maxim Integrated Products (MXIM) PT Raised to $75 at Susquehanna

January 29, 2020 7:27 AM EST

Susquehanna analyst Christopher Rolland raised the price target on Maxim Integrated Products (NASDAQ: MXIM) to $75.00 (from $72.00) while maintaining a Positive rating.

The analyst commented, "Comms/DC revenue was up +25% QOQ given strong demand for 25G/100G optical products, driving a beat and raise.... More

Maxim Integrated Products (MXIM) Tops Q2 EPS by 3c, Offers Q3 Guidance

January 28, 2020 4:04 PM EST

Maxim Integrated Products (NASDAQ: MXIM) reported Q2 EPS of $0.56, $0.03 better than the analyst estimate of $0.53. Revenue for the quarter came in at $551 million versus the consensus estimate of $545.31 million.

GUIDANCE:

Maxim Integrated Products sees Q3 2020 EPS of $0.57-$0.65, versus the... More