Maxwell Technologies (NASDAQ:MXWL) was upgraded by Piper Jaffray Cos. from a “neutral” rating to an “overweight” rating in a research note issued on Wednesday, TheFlyOnTheWall.com reports.
Maxwell Technologies (NASDAQ:MXWL) opened at 9.35 on Wednesday. Maxwell Technologies has a one year low of $4.90 and a one year high of $11.08. The stock’s 50-day moving average is $9.02 and its 200-day moving average is $7.32. The company has a market cap of $269.8 million and a P/E ratio of 24.16.
A number of other firms have also recently commented on MXWL. Analysts at Roth Capital raised their price target on shares of Maxwell Technologies (NASDAQ:MXWL) from $7.00 to $8.50 in a research note to investors on Friday, August 2nd. They now have a “neutral” rating on the stock. Separately, analysts at Zacks downgraded shares of Maxwell Technologies (NASDAQ:MXWL) from an “outperform” rating to a “neutral” rating in a research note to investors on Saturday, July 20th. They now have a $8.25 price target on the stock. Finally, analysts at Zacks reiterated an “outperform” rating on shares of Maxwell Technologies (NASDAQ:MXWL) in a research note to investors on Tuesday, June 25th. They now have a $8.00 price target on the stock.
Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $8.56.
Maxwell Technologies, Inc (NASDAQ:MXWL) develops, manufactures and markets energy storage and power delivery products for transportation, industrial, telecommunications and other applications and microelectronic products for space and satellite applications.
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