Oppenheimer Maintains Outperform on Monolithic Power Systems, Raises Price Target to $565
Portfolio Pulse from jenniferd'souza@benzinga.com
Oppenheimer analyst Rick Schafer maintains an Outperform rating on Monolithic Power Systems (NASDAQ:MPWR) and raises the price target from $475 to $565.
July 27, 2023 | 12:49 pm
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Oppenheimer has maintained an Outperform rating on Monolithic Power Systems and raised the price target from $475 to $565.
The raised price target by Oppenheimer indicates a positive outlook for Monolithic Power Systems. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100