Where Monolithic Power Systems Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, analysts have shown a positive outlook on Monolithic Power Systems (NASDAQ:MPWR), with recent ratings being predominantly bullish. The average 12-month price target has increased to $814.8, with a high estimate of $900.00. Analysts from firms like Oppenheimer, Wells Fargo, Truist Securities, Needham, and Keybanc have raised their price targets and ratings.
June 13, 2024 | 6:00 pm
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Analysts have shown increased confidence in Monolithic Power Systems (NASDAQ:MPWR) with raised price targets and predominantly bullish ratings. The average 12-month price target has increased to $814.8, indicating positive sentiment.
The article highlights that multiple analysts have raised their price targets and ratings for MPWR, reflecting increased confidence in the company's future performance. The average price target has also increased, suggesting positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100