Rosenblatt raised the firm’s price target on Monolithic Power (MPWR) to $1,575 from $1,000 and keeps a Neutral rating on the shares. Monolithic is “executing very well and outperforming expectations,” says the analyst, who is lifting the firm’s estimates following “another solid beat-n-raise report.”
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Read More on MPWR:
- Monolithic Power price target raised to $1,750 from $1,300 at Needham
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