Oppenheimer Maintains Outperform on Monolithic Power Systems, Raises Price Target to $900
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rick Schafer has maintained an Outperform rating on Monolithic Power Systems (NASDAQ:MPWR) and raised the price target from $750 to $900.
June 13, 2024 | 11:54 am
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Oppenheimer has reaffirmed its Outperform rating on Monolithic Power Systems and increased the price target from $750 to $900, indicating strong confidence in the company's future performance.
The increase in the price target from $750 to $900 by a reputable analyst suggests a positive outlook for Monolithic Power Systems. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100