Keybanc Maintains Overweight on Monolithic Power Systems, Raises Price Target to $850
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst John Vinh maintains an Overweight rating on Monolithic Power Systems (MPWR) and raises the price target from $830 to $850.
April 08, 2024 | 12:54 pm
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POSITIVE IMPACT
Keybanc analyst John Vinh maintains an Overweight rating on Monolithic Power Systems and raises the price target from $830 to $850.
The upgrade in price target by a reputable analyst like John Vinh suggests a positive outlook on MPWR's stock performance. This is likely to instill confidence in investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100