Information Provided By: 
Fly News Breaks for July 27, 2018
MXIM
Jul 27, 2018 | 09:19 EDT
MKM Partners analyst Ruben Roy raised his price target on Maxim Integrated to $62 after its Q4 earnings beat. The analyst notes that the 80bps gross margin expansion was generated by the company's focus on higher margin products, while the Auto, Industrial, and Data Center end markets drove its topline growth. Roy keeps his Neutral rating on Maxim Integrated, adding that its current valuation multiple of 18.9-times expected forward earnings is above the peer group average of 17.6-times.
News For MXIM From the Last 2 Days
There are no results for your query MXIM
