Zacks Rating on Maxim Integrated Products (MXIM)

Maxim Integrated Products (MXIM) : Zacks Investment Research ranks Maxim Integrated Products (MXIM) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 19 research analysts is 2.59, which indicates as a Hold.

Maxim Integrated Products (MXIM) : 16 Wall Street analysts covering Maxim Integrated Products (MXIM) believe that the average level the stock could reach for the short term is $38.36. The maximum price target given is $44 and the minimum target for short term is around $22, hence the standard deviation is calculated at $5.06.


Shares of Maxim Integrated Products, Inc. rose by 1.64% in the last five trading days and 6.39% for the last 4 weeks. Maxim Integrated Products, Inc. is up 10.2% in the last 3-month period. Year-to-Date the stock performance stands at 10.62%. Maxim Integrated Products (NASDAQ:MXIM): stock turned positive on Tuesday. Though the stock opened at $41.2, the bulls momentum made the stock top out at $41.3 level for the day. The stock recorded a low of $40.96 and closed the trading day at $40.97, in the green by 0.07%. The total traded volume for the day was 1,327,489. The stock had closed at $40.94 in the previous days trading.

Maxim Integrated Products, Inc. is engaged in designing, developing, manufacturing and marketing a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The Company also provides a range of high-frequency process technologies and capabilities for use in custom designs. The Companys products include switching regulators, charge pumps, linear regulators, light-emitting diode drivers, power switching, transceivers, level translators, broadband switches, current loop products, real-time clocks, data loggers and microcontrollers. The Company serves markets, including communications and data center, computing and consumer markets. Its communications and data center caters to base stations, data storage, servers, telecommunications and other communications. Its computing caters to desktop computers, notebook computers and peripherals. Its consumer products cater to smartphones, digital cameras, handheld computers, home entertainment and appliances.

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