Loop Capital analyst Cody Acree initiated Maxim Integrated with a Buy rating and a price target of $70, saying the company presents an "increasingly compelling" restructuring story. Acree states that after returning to growth in 2017 following years of flat to declining sales, Maxim now offers a balanced revenue mix across multiple high-growth sub-segments of the chip industry amid rising demand for features and functionality. The analyst also points to the company's high operating efficiency, allowing Maxim to return more of its free cash flows to shareholders.