Monolithic Power Systems Stock: A Deep Dive Into Analyst Perspectives (6 Ratings)
Portfolio Pulse from Benzinga Insights
Monolithic Power Systems (NASDAQ:MPWR) has received a range of analyst ratings over the past quarter, with 3 bullish and 3 somewhat bullish ratings. Analysts have set a 12-month average price target of $846.5, up 7.97% from the previous target. Key analysts have raised their price targets, reflecting positive sentiment towards the company's performance.
July 29, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Monolithic Power Systems has received positive analyst ratings, with 3 bullish and 3 somewhat bullish ratings. The average 12-month price target has increased by 7.97% to $846.5. Key analysts have raised their price targets, indicating confidence in the company's performance.
The increase in the average 12-month price target and the positive ratings from key analysts suggest a bullish outlook for Monolithic Power Systems. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100