TD Cowen Maintains Buy on Monolithic Power Systems, Raises Price Target to $1100
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matt Ramsay maintains a Buy rating on Monolithic Power Systems (NASDAQ:MPWR) and raises the price target from $925 to $1100.
August 21, 2024 | 2:39 pm
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TD Cowen analyst Matt Ramsay has increased the price target for Monolithic Power Systems from $925 to $1100 while maintaining a Buy rating. This suggests a positive outlook for the company's stock.
The increase in the price target from $925 to $1100 by TD Cowen indicates a strong positive sentiment towards Monolithic Power Systems. Maintaining a Buy rating suggests confidence in the company's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100