Analyst Ratings for Monolithic Power Systems
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 Wall Street analysts have provided ratings for Monolithic Power Systems (NASDAQ:MPWR), with 5 giving a bullish and 1 a somewhat bullish rating. The average price target is $552.17, representing an upside from the current price of $506.255. This target is a 2.05% decrease from the previous target of $563.75. Analysts rate stocks to predict performance and provide investment guidance.
November 13, 2023 | 6:00 pm
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Analysts are bullish on Monolithic Power Systems with an average price target of $552.17, indicating potential growth from the current price of $506.255, despite a slight decrease from the previous target of $563.75.
The bullish sentiment from analysts, with 5 out of 6 giving positive ratings, suggests confidence in Monolithic Power Systems' future performance. The average price target above the current stock price indicates an expected upside, which is likely to have a positive short-term impact on the stock. The slight decrease in the average price target may temper expectations but does not significantly alter the overall positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100