Oppenheimer Maintains Outperform on Monolithic Power Systems, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer maintains an Outperform rating on Monolithic Power Systems (MPWR) and raises the price target from $600 to $700.
February 02, 2024 | 6:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Oppenheimer analyst Rick Schafer maintains an Outperform rating on Monolithic Power Systems and raises the price target from $600 to $700.
The increase in price target by a reputable analyst suggests a positive outlook on the company's future performance, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100