Maxim Integrated Receives a Buy from Jefferies

By Ryan Adsit

Jefferies analyst Mark Lipacis reiterated a Buy rating on Maxim Integrated (NASDAQ: MXIM) today and set a price target of $51. The company’s shares opened today at $44.92.

According to TipRanks.com, Lipacis is a top 25 analyst with an average return of 28.9% and a 78.5% success rate. Lipacis covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Activision Blizzard, and M/A-Com Technology.

Maxim Integrated has an analyst consensus of Moderate Buy, with a price target consensus of $47.17.

Based on the recent corporate insider activity of 131 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Maxim Integrated Products, Inc. designs, develops, manufactures and markets a broad range of linear and mixed-signal integrated circuits. Its products include integrated power circuits, amplifiers, data converters, analog filters, transceivers, expanders, level translators, broadband switches, powerline communications, microcontrollers, data loggers, ibutton, solar energy, and automotive. The company was founded by Jack F. Gifford in 1983 and is headquartered in San Jose, CA.