Maxim Group

Shares of Unusual Machines Inc (NYSE:UMAC) skyrocketed more than 375% over the past month on news that Donald Trump Jr is joining its advisory board. The company is entering military drone components, which is expected to generate "material sales" in the fourth quarter, according to Maxim Group....

cbdMD, Inc. (AMEX:YCBD) announced the closing of its underwritten public offering of 1.35 million shares of its common stock at a public offering price of $2.10 per share. Gross proceeds from the offering before deducting underwriting discounts and commissions and offering expenses were...

Two cannabis-related companies, Clover Leaf Capital and Silver Spike announced they are going public this week.  Clover Leaf Capital Corp. (NASDAQ: CLOEU), a cannabis-oriented blank check company, announced on Monday the pricing of its initial public offering of 12.5...

Institutional analysts are taking a liking to the industry of medicinal psychedelics. This week, investment bank Maxim Group initiated coverage of companies in the psychedelics space, giving a bullish Buy rating to all 10. Compass Pathways plc (NASDAQ: CMPS) Cybin Inc. (OTCQB: CLXPF) Enveric...

At the Benzinga Global Small Cap Conference Thursday, Jason McCarthy, senior managing director at Maxim Group, hosted a panel discussion on how biotech companies are getting back to fundamentals following an extremely disruptive period during the COVID-19 pandemic. The panel discussion included...

Biotricity Inc (OTC: BTCY) has a multi-billion dollar target addressable market, which should expand as an ecosystem is created for solutions to chronic conditions, according to Maxim Group. The Biotricity Analyst: Allen Klee initiated coverage of Biotricity with a Buy rating and a price target of...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Penny Stocks To Buy With Price Targets Up To 168% According To Analysts Maxim Group & H.C. Wainwright. There is blood in the water...

Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) is set to begin a new phase, according to Maxim Group, after undergoing several changes in strategy, management, capital structure and financing through 2020 and into 2021. The Titan Pharmaceuticals Analyst: Jason McCarthy upgraded the...

Maxim Group has turned bearish on Apple Inc. (NASDAQ: AAPL) amid expectations for revenue to fall short of expectations next year. The Analyst Maxim's Nehal Chokshi downgraded Apple's stock from Hold to Sell with a $190 price target. The Thesis The case for turning bearish on Apple's...

It's déjà vu for biotech investors, who witnessed a wild rally in Bio-Path Holdings Inc (NASDAQ: BPTH) this week. Shares of another thinly traded, nano-cap biotech are clocking double-digit gains for the second consecutive session. TrovaGene Inc (NASDAQ: TROV),...

Fast casual chain Chipotle Mexican Grill, Inc. (NYSE: CMG) boasts an "enviable position" compared to its large-cap restaurant peers, according to Maxim Group. The Analyst Analyst Stephen Anderson upgraded Chipotle Mexican Grill from Hold to Buy with a price target lifted from $...

The bullish case for restaurant chain Potbelly Corp (NASDAQ: PBPB) can now be made for five distinct reasons, according to Maxim Group. The Analyst Maxim's Stephen Anderson upgraded Potbelly from Hold to Buy with a price target lifted from $13 to $15. The Thesis Maxim's neutral stance on...

Dunkin Brands Group Inc (NASDAQ: DNKN) is removing the "Donuts" portion of its iconic name in a move that's consistent with the company's focus on beverages, according to Maxim. The Analyst Maxim Group's Stephen Anderson maintains a Buy rating on Dunkin' Brands with a...

Overstock.com Inc (NASDAQ: OSTK) is one of the beneficiaries of the evolution of blockchain technology, making it an attractive equity, according to Maxim Group.  The Analyst Analyst Allen Klee assumed coverage of the shares of Overstock.com with a Buy rating and $75 price target. The...

Shares of Habit Restaurants Inc (NASDAQ: HABT) are up nearly 70 percent over the last three months, putting an end to Maxim Group's bullish stance on the casual fast food stock.  The Analyst Maxim's Stephen Anderson downgraded Habit Restaurants from Buy to Hold with an...