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Stock Market & Financial Investment News

News Breaks
August 18, 2014
07:48 EDTMXIMMaxim Integrated downgraded to Buy from Conviction Buy at Goldman
Goldman removed Maxim from the Conviction Buy List based on relative outperformance. Share remain Buy rated with a $35 price target.
News For MXIM From The Last 14 Days
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June 19, 2015
15:12 EDTMXIMTexas Instruments speculated as next chip dealmaker, Reuters reports
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June 18, 2015
07:59 EDTMXIMMaxim estimates lowered on weaker Galaxy S6 demand at Citi
Citi lowered its estimates for Maxim Integrated to reflect what it believes to be slowing demand for Samsung's Galaxy S6 smartphone. Maxim derives around 8% of its 2015 revenue from the Galaxy S6, the firm points out. The estimate cuts come after Citi's Samsung analyst lowered his 2015 Galaxy S6 shipment estimate by 14% due to weaker demand in Q2. The firm points out its checks also indicate Maxim could lose content in the next generation Samsung Galaxy S7 smartphone in 2016. It keeps a Neutral rating on the stock with a $35 price target.

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