Maxim Integrated Reports Results For The Second Quarter Of Fiscal 2017

Maxim Integrated Products (MXIM) PT Raised to $45 at RBC Capital Following 2Q Report

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

Maxim Integrated Products (MXIM) PT Raised to $49 at Jefferies

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

Maxim Integrated Products (MXIM) PT Raised to $52 at Drexel Hamilton; Reiterates Buy

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

BofA/Merrill Lynch Upgrades Maxim Integrated Products (MXIM) to Buy

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.

Maxim Integrated Products (MXIM) Tops Q2 EPS by 3c

Maxim Integrated Products (NASDAQ: MXIM) reported Q2 EPS of $0.46, $0.03 better than the analyst estimate of $0.43. Revenue for the quarter came in at $551 million versus the consensus estimate of $540.44 million.

GUIDANCE:

Maxim Integrated Products sees Q3 2017 EPS of $0.49-$0.55, versus the... More