Needham Maintains Buy on Monolithic Power Systems, Raises Price Target to $575
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Quinn Bolton maintains a 'Buy' rating on Monolithic Power Systems (NASDAQ:MPWR) and raises the price target from $500 to $575.
August 01, 2023 | 9:47 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst maintains a 'Buy' rating on Monolithic Power Systems and raises the price target from $500 to $575.
The raised price target by Needham analyst indicates a positive outlook for Monolithic Power Systems. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100