Breaking News Instant updates and real-time market news.

MXIM

Maxim Integrated

$59.14

0.8 (1.37%)

10:56
02/15/18
02/15
10:56
02/15/18
10:56

Maxim said to be on Renesas' 'shortlist' of possible targets, Nikkei says

Prior media reports had said Renesas was in talks to buy Maxim Integrated Products and Maxim "is said to be on a shortlist of potential buyout targets," according to the Nikkei Asian Review. Previously, on January 29, Japan's Renesas said it was not the source of CNBC's report that was in talks to acquire Maxim and called the report not true, The Fly notes. Reference Link

MXIM Maxim Integrated
$59.14

0.8 (1.37%)

01/30/18
RILY
01/30/18
NO CHANGE
RILY
Maxim takeover unlikely given the size, says B. Riley FBR
After Renesas denied Maxim Integrated (MXIM) takeover talks, B. Riley FBR analyst Craig Ellis says a deal is unlikely given Maxim's size. The analyst believes Semtech (SMTC) and Silicon Labs (SLAB) remain "interesting potential targets."
01/30/18
STFL
01/30/18
NO CHANGE
Target $73
STFL
Buy
Renesas deal for Maxim would make strategic sense, says Stifel
Stifel analyst Tore Svanberg noted that CNBC reported late yesterday that Renesas (RNECY) is in talks to buy Maxim Integrated (MXIM). Even though Renesas has denied the rumors, such a deal would make strategic sense, said Svanberg, who believes Maxim may have been a potential suitor for Intersil, which Renesas agreed to acquire two years ago. Both companies have focused heavily on the Industrial end markets and a potential merger would enable both to achieve significantly greater scale, added the analyst. Following the report, Svanberg keeps a Buy rating on Maxim and raised his price target on the shares to $73 from $63.
01/30/18
SBSH
01/30/18
NO CHANGE
Target $59
SBSH
Neutral
Maxim Integrated takeover by Renesas unlikely, says Citi
Citi analyst Christopher Danely does not believe Renesas can afford Maxim Integrated (MXIM), and therefore feels a deal between the two companies is unlikely. A potential Renesas/Maxim merger would likely not impact other analog names such as Texas Instrument (TXN) and Analog Devices (ADI) as "the analog business moves glacially and high-end analog companies have separate niches," Danely tells investors in a research note. The analyst keeps a Neutral rating on Maxim Integrated with a $59 price target.
01/30/18
01/30/18
UPGRADE
Target $60

Equal Weight
Maxim Integrated upgraded to Equal Weight amid M&A headlines at Morgan Stanley
As previously reported, Morgan Stanley analyst Craig Hettenbach upgraded Maxim Integrated to Equal Weight from Underweight, contending that M&A headlines, such as those yesterday from CNBC, likely put a floor under the stock. He increased his price target on Maxim to $60 from $47, which he notes is below the rumored bid of $70 per share, as Hettenbach believes that if a deal is not announced the stock would have downside to $52 per share. Maxim closed up 12% yesterday at $66.27 per share, but is sliding in pre-market back to near $59 per share after Japan's Renesas said last night that it is not the source of CNBC's takeover report and called the report not true.

TODAY'S FREE FLY STORIES

ORCL

Oracle

$54.05

1.41 (2.68%)

06:15
03/22/19
03/22
06:15
03/22/19
06:15
Periodicals
Oracle quietly laid off employees this week, Business Insider reports »

Oracle quietly held a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ENR

Energizer

$46.15

0.915 (2.02%)

06:14
03/22/19
03/22
06:14
03/22/19
06:14
Initiation
Energizer initiated  »

Energizer initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

NKE

Nike

$88.05

1.3597 (1.57%)

06:10
03/22/19
03/22
06:10
03/22/19
06:10
Recommendations
Nike analyst commentary  »

Nike investments paying…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 04

    Apr

  • 04

    Apr

BRN

Barnwell Industries

$1.30

(0.00%)

06:10
03/22/19
03/22
06:10
03/22/19
06:10
Hot Stocks
Barnwell Industries announces real estate transaction through KD »

Barnwell Industries…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

STX

Seagate

$48.95

2.73 (5.91%)

, HPE

HP Enterprise

$16.03

0.15 (0.94%)

06:09
03/22/19
03/22
06:09
03/22/19
06:09
Periodicals
Seagate teams up with HPE, Nvidia for Project Athena, DigiTimes reports »

Seagate (STX) has…

STX

Seagate

$48.95

2.73 (5.91%)

HPE

HP Enterprise

$16.03

0.15 (0.94%)

NVDA

Nvidia

$183.92

9.54 (5.47%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Mar

  • 03

    Apr

ESALY

Eisai

$0.00

(0.00%)

06:06
03/22/19
03/22
06:06
03/22/19
06:06
Downgrade
Eisai rating change  »

Eisai downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CVA

Covanta

$17.04

0.27 (1.61%)

06:05
03/22/19
03/22
06:05
03/22/19
06:05
Hot Stocks
Covanta, Green Investment Group reach financial close on Rookery project »

Covanta and Green…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Mar

GBX

Greenbrier

$37.33

0.45 (1.22%)

06:05
03/22/19
03/22
06:05
03/22/19
06:05
Earnings
Greenbrier reports preliminary Q2 EPS 7c-9c, consensus 42c »

Reports preliminary Q2…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FB

Facebook

$166.08

0.61 (0.37%)

06:05
03/22/19
03/22
06:05
03/22/19
06:05
Periodicals
Facebook knew about data misuse earlier than reported, Guardian says »

Facebook knew about…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Mar

  • 03

    Apr

  • 04

    Apr

NKE

Nike

$88.05

1.3597 (1.57%)

06:04
03/22/19
03/22
06:04
03/22/19
06:04
Recommendations
Nike analyst commentary  »

Nike price target raised…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 04

    Apr

  • 04

    Apr

GTLS

Chart Industries

$94.49

2.06 (2.23%)

, BHGE

Baker Hughes

$28.50

0.24 (0.85%)

06:03
03/22/19
03/22
06:03
03/22/19
06:03
Hot Stocks
Chart Industries books $135M order »

Chart Industries (GTLS)…

GTLS

Chart Industries

$94.49

2.06 (2.23%)

BHGE

Baker Hughes

$28.50

0.24 (0.85%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Apr

  • 22

    May

  • 28

    May

  • 28

    May

AAPL

Apple

$195.07

6.93 (3.68%)

06:01
03/22/19
03/22
06:01
03/22/19
06:01
Periodicals
Apple signs Vox to be part of news subscription service, Bloomberg reports »

Apple has signed Vox to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Mar

LIND

Lindblad Expeditions

$15.18

-0.12 (-0.78%)

05:55
03/22/19
03/22
05:55
03/22/19
05:55
Conference/Events
Lindblad Expeditions management to meet with Sidoti »

Meetings to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Mar

DRI

Darden

$116.11

7.485 (6.89%)

05:53
03/22/19
03/22
05:53
03/22/19
05:53
Recommendations
Darden analyst commentary  »

Darden price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

CMC

Commercial Metals

$17.35

1.29 (8.03%)

05:43
03/22/19
03/22
05:43
03/22/19
05:43
Upgrade
Commercial Metals rating change  »

Commercial Metals…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SWK

Stanley Black & Decker

$134.59

2.69 (2.04%)

05:42
03/22/19
03/22
05:42
03/22/19
05:42
Upgrade
Stanley Black & Decker rating change  »

Stanley Black &…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Apr

  • 24

    Apr

BIIB

Biogen

$226.71

-93.76 (-29.26%)

05:42
03/22/19
03/22
05:42
03/22/19
05:42
Downgrade
Biogen rating change  »

Biogen downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Mar

  • 24

    Apr

  • 30

    Apr

  • 01

    May

  • 28

    May

BBY

Best Buy

$70.56

1.44 (2.08%)

05:41
03/22/19
03/22
05:41
03/22/19
05:41
Upgrade
Best Buy rating change  »

Best Buy upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VAR

Varian Medical

$137.77

1.97 (1.45%)

05:41
03/22/19
03/22
05:41
03/22/19
05:41
Upgrade
Varian Medical rating change  »

Varian Medical upgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Apr

BIIB

Biogen

$226.71

-93.76 (-29.26%)

05:41
03/22/19
03/22
05:41
03/22/19
05:41
Downgrade
Biogen rating change at Citi »

Citi downgrades Biogen to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Mar

  • 24

    Apr

  • 30

    Apr

  • 01

    May

  • 28

    May

FTI

TechnipFMC

$23.83

0.09 (0.38%)

05:40
03/22/19
03/22
05:40
03/22/19
05:40
Upgrade
TechnipFMC rating change  »

TechnipFMC upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Apr

RYB

RYB Education

$8.01

0.09 (1.14%)

05:40
03/22/19
03/22
05:40
03/22/19
05:40
Downgrade
RYB Education rating change  »

RYB Education downgraded…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

LOV

Spark Networks

$11.29

(0.00%)

05:26
03/22/19
03/22
05:26
03/22/19
05:26
Conference/Events
Spark Networks to host conference call »

Conference call to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Mar

ESALY

Eisai

$0.00

(0.00%)

05:25
03/22/19
03/22
05:25
03/22/19
05:25
Downgrade
Eisai rating change  »

Eisai downgraded to Sell…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ESALY

Eisai

$0.00

(0.00%)

, BIIB

Biogen

$226.71

-93.76 (-29.26%)

05:24
03/22/19
03/22
05:24
03/22/19
05:24
Hot Stocks
Eisai announces initiation of Phase III BAN2401 study in Alzheimer's disease »

Eisai (ESALY) announced…

ESALY

Eisai

$0.00

(0.00%)

BIIB

Biogen

$226.71

-93.76 (-29.26%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Mar

  • 24

    Apr

  • 30

    Apr

  • 01

    May

  • 28

    May

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.