Truist raised the firm’s price target on Monolithic Power (MPWR) to $1,163 from $922 and keeps a Buy rating on the shares. The company delivered solid results all around, with its growth remaining diversified and the most important end market – DC/AI – doing better now, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MPWR:
- Monolithic Power Systems Reports Record Revenue Amid Market Challenges
- Monolithic Power price target raised to $950 from $800 at Rosenblatt
- Monolithic Power price target raised to $1,300 from $1,250 at KeyBanc
- Monolithic Power’s Strong Q3 Performance and Growth Potential Justifies Buy Rating
- Monolithic Power Systems Reports Strong Q3 2025 Results