Truist Securities Reiterates Buy on Monolithic Power Systems, Raises Price Target to $994
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has reiterated its Buy rating on Monolithic Power Systems and increased the price target from $918 to $994, indicating confidence in the company's future performance.
October 02, 2024 | 1:09 pm
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Truist Securities has reiterated its Buy rating on Monolithic Power Systems and increased the price target from $918 to $994, suggesting a positive outlook for the company's stock.
The reiteration of a Buy rating and an increased price target by Truist Securities indicates strong confidence in Monolithic Power Systems' future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100