Loop Capital analyst Cody Acree kept his Buy rating and $70 price target on Maxim Integrated after his meeting with the company executives from the Automotive team, saying the discussions have left him more confident about Maxim's positioning in the fast growing Auto and Industrial segments. The analyst also cites "continued strength from its improved diversification in the Consumer segment and growth from Communications and Data Centers" along with the macro semiconductor industry backdrop remaining "more balanced". Acree contends that Maxim has more room for gross and operating margin leverage.