Jefferies (NYSE:JEF) analyst Mark Lipacis maintained a Buy rating on Maxim Integrated on Wednesday, setting a price target of $114, which is approximately 17.62% above the present share price of $96.92.
Lipacis expects Maxim Integrated to post earnings per share (EPS) of $0.69 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Maxim Integrated, with an average price target of $107.
The analysts price targets range from a high of $114 to a low of $100.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $628.29 million and a net profit of $216.99 million. The company's market cap is $25.98 billion.
According to TipRanks.com, Jefferies analyst Mark Lipacis is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 31.6% and a 76.41% success rate.
Incorporated in 1983 and based in California, Maxim Integrated Products (NASDAQ:MXIM), Inc. is engaged in the design, development, manufacturing, and marketing of linear and mixed-signal integrated circuits. The company serves the automotive, communications and data center, consumer, and industrial markets.