Maxim Integrated price target raised to $38 from $33 at Jefferies Jefferies raised its price target for Maxim Integrated and calls the stock one of its top picks for 2013 following the company's Q2 results. The firm keeps a Buy rating on the stock.
News For MXIM From The Last 14 Days
Check below for free stories on MXIM the last two weeks.
Semiconductors sector downgraded to Cautious from Neutral at Goldman Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.