Stifel Maintains Buy on Monolithic Power Systems, Raises Price Target to $1100
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg has maintained a Buy rating on Monolithic Power Systems (NASDAQ:MPWR) and raised the price target from $1000 to $1100.

September 27, 2024 | 12:58 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stifel analyst Tore Svanberg has maintained a Buy rating on Monolithic Power Systems and increased the price target from $1000 to $1100, indicating confidence in the company's future performance.
The increase in the price target from $1000 to $1100 by Stifel suggests a positive outlook on Monolithic Power Systems' future performance. Maintaining a Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100