Maxim Group

The tech sector is as busy as ever — racing to develop self-driving cars, expand the Internet of Things and, at the same time, protect consumers from hacks into their increasingly virtual lives. Dan Forman, technology sector specialist at Maxim Group, broke down some of the recently active...

Overstock.com, Inc. (NASDAQ: OSTK) is largely overlooked by Wall Street, but that doesn’t mean it’s escaped notice from anyone else. “It’s a very good fit for a number of traditional brick-and-mortar retailers,” Dan Forman, technology sector specialist at Maxim Group,...

Citing channel checks with sellers, Maxim Group said in a note Monday NetApp Inc. (NASDAQ: NTAP) has begun to gain mindshare with resellers in terms of the company's hybrid cloud capabilities. This, according to the firm, is a significant differentiator for the company that is aligned with the...

GW Pharmaceuticals PLC-ADR (NASDAQ: GWPH) shares initially jumped Monday after disappointing data from a leading drug candidate sent shares of Zynerba Pharmaceuticals Inc (NASDAQ: ZYNE) plummeting more than 55 percent. However, while GW may now have less competition in the mix, investors soon...

A mixed second-quarter earnings report and an outbreak of norovirus has clouded the crystal balls of analysts who cover Chipotle Mexican Grill, Inc. (NYSE: CMG). Conservative Approach Baird Analyst David Tarantino maintained a Neutral rating and lowered the price target to $385 from $425. “...

All Chipotle Mexican Grill, Inc. (NYSE: CMG) needed to do was test queso to push Maxim analyst Stephen Anderson to upgrade his rating to Buy and raise his price target from $440 to $470. "We contend the introduction of queso - a Mexican cheese dip - which now is in test, will be an important...

Amazon.com, Inc. (NASDAQ: AMZN)'s acquisition of Whole Foods Market, Inc. (NASDAQ: WFM) is a mere few days old and far away from receiving the necessary regulatory approval. But this hasn't stopped Wall Street analysts from guessing who Amazon will target next. Maxim Group's Tom Forte...

It took just a few hours for analysts to speculate what's next for Amazon.com, Inc. (NASDAQ: AMZN) after announcing its intention to acquire the organic grocery chain Whole Foods Market, Inc. (NASDAQ: WFM). Tom Forte, the managing director of Maxim Group, is among the first to look what big...

Following a recent pullback in stock price, Maxim Group upgraded Buffalo Wild Wings (NASDAQ: BWLD) from Hold to Buy, raising their price target to $180. The firm estimates earnings of just over $2 million and non-GAAP EPS of $5.71 for fiscal 2017. Marcato's 'Unneeded' Stake Raise Activist investor...

Apple Inc. (NASDAQ: AAPL) streak of reporting declining iPhone sales will end at three, at least according to Maxim Group's Nehal Chokshi. Apple is scheduled to report its fiscal first-quarter results after Tuesday's market close and the company now faces easier year-over-year comps. Speaking as a...

Maxim’s Stephen Anderson expects Panera Bread Co (NASDAQ: PNRA) to be the main beneficiary of the potential closures following the bankruptcy filing of Cosi Inc (NASDAQ: COSI). Anderson maintained a Buy rating on Panera Bread, while raising the price target from $230 to $250....

Maxim’s Tom Forte sees more upside potential in Amazon.com, Inc. (NASDAQ: AMZN) and recommends that investors buy the stock at the current levels. Forte maintained a Buy rating on the company, while raising the price target from $825 to $940. Efforts Paying Off The analyst believes...

VMware, Inc. (NYSE: VMW) was among the leading gainers on the New York Stock Exchange Monday morning after the company released strong financial results for its fiscal second quarter. In early trading, the shares had risen more than 9 percent to $68.40 on heavy volume. This compares to a 52-week...