Credit Suisse (SIX:CSGN) analyst John Pitzer maintained a Hold rating on Maxim Integrated on Wednesday, setting a price target of $74, which is approximately 7.25% above the present share price of $69.
Pitzer expects Maxim Integrated to post earnings per share (EPS) of $0.60 for the third quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Hold rating of shares in Maxim Integrated, with an average price target of $65.21.
The analysts price targets range from a high of $78 to a low of $50.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $561.92 million and a net profit of $183.87 million. The company's market cap is $18.38 billion.
According to TipRanks.com, Credit Suisse analyst John Pitzer is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.7% and a 73.81% success rate.
Maxim Integrated Products (NASDAQ:MXIM), Inc. engages in the design, development, manufacture, and marketing 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, solar energy, and automotive. The company was founded by Jack F. Gifford in 1983 and is headquartered in San Jose, CA.