Oppenheimer Reiterates Outperform on Monolithic Power Systems, Maintains $565 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Rick Schafer has reiterated an Outperform rating on Monolithic Power Systems (NASDAQ:MPWR) and maintained a price target of $565.
August 01, 2023 | 12:33 pm
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Monolithic Power Systems has received an Outperform rating from Oppenheimer, with a maintained price target of $565.
The Outperform rating from Oppenheimer indicates a positive outlook for Monolithic Power Systems. The maintained price target of $565 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100