Raymond James raised the firm’s price target on Monolithic Power (MPWR) to $1,800 from $1,350 and keeps an Outperform rating on the shares. Enterprise Data drove outsized growth with sharply higher forward guidance, signaling strong visibility into accelerating shipments across key end markets, and despite an unchanged margin outlook near term, improving top-line momentum and expanding content opportunities support meaningful operating leverage and sustained long-term growth confidence beyond the hyperscale cycle, the analyst tells investors in a research note.
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