Analysts Offer Insights on Consumer Goods Companies: Maxim Integrated (MXIM) and Immersion Corp (IMMR)


Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Maxim Integrated (NASDAQ:MXIM) and Immersion Corp (NASDAQ:IMMR).

Maxim Integrated (MXIM)

Maxim Integrated received a Hold rating and a $65 price target from Stifel Nicolaus analyst Tore Svanberg today. The company’s shares closed yesterday at $60.03.

According to TipRanks.com, Svanberg is a top 100 analyst with an average return of 17.7% and a 74.1% success rate. Svanberg covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Quantenna Communications, and Silicon Laboratories.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maxim Integrated with a $64.90 average price target, representing an 8.1% upside. In a report issued on September 4, BMO Capital also maintained a Hold rating on the stock with a $60 price target.

.

See today’s analyst top recommended stocks >>

Immersion Corp (IMMR)

Immersion Corp received a Buy rating and a $15 price target from Craig-Hallum analyst Anthony Stoss today. The company’s shares closed yesterday at $10.20.

According to TipRanks.com, Stoss is a 5-star analyst with an average return of 16.7% and a 66.4% success rate. Stoss covers the Consumer Goods sector, focusing on stocks such as Integrated Device Tech, Stmicroelectronics NV, and Skyworks Solutions.

Immersion Corp has an analyst consensus of Moderate Buy, with a price target consensus of $16.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts