Truist Securities Maintains Buy on Monolithic Power Systems, Raises Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst William Stein maintains a 'Buy' rating on Monolithic Power Systems (NASDAQ:MPWR) and raises the price target from $527 to $600.
August 01, 2023 | 2:47 pm
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POSITIVE IMPACT
Truist Securities maintains a 'Buy' rating on Monolithic Power Systems and raises the price target from $527 to $600, which could positively impact the stock in the short term.
The raised price target by Truist Securities indicates a positive outlook for Monolithic Power Systems. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100