The Latest Analyst Ratings for Monolithic Power Systems
Portfolio Pulse from Benzinga Insights
Analysts have provided bullish and somewhat bullish ratings for Monolithic Power Systems (NASDAQ:MPWR) in the last quarter, with no bearish or indifferent ratings. The average 12-month price target for the company is $537.44, with a high of $625.00 and a low of $475.00. This average price target has increased by 0.15% over the past month.
July 10, 2023 | 9:00 pm
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POSITIVE IMPACT
Monolithic Power Systems has received positive ratings from analysts, with an average 12-month price target of $537.44. This could potentially boost investor confidence and positively impact the stock price.
Analyst ratings often influence investor sentiment. In this case, the positive ratings and the increase in the average price target for Monolithic Power Systems could lead to increased investor confidence, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100