Raymond James Maintains Outperform on Monolithic Power Systems, Raises Price Target to $570
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Melissa Fairbanks has maintained an 'Outperform' rating on Monolithic Power Systems (NASDAQ:MPWR) and raised the price target from $500 to $570.
July 10, 2023 | 11:19 am
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POSITIVE IMPACT
Monolithic Power Systems' price target has been raised from $500 to $570 by Raymond James, maintaining an 'Outperform' rating.
The raised price target and maintained 'Outperform' rating by Raymond James indicates a positive outlook for Monolithic Power Systems. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100