KeyBanc raised the firm’s price target on Monolithic Power (MPWR) to $940 from $820 and keeps an Overweight rating on the shares. The firm says its quarterly supply chain findings were mixed. As such, it has revised several companies’ estimates and price targets. In analog, tariff-related pull-ins are driving near-term upside but are resulting in concerns regarding the second half of the year being sub-seasonal. China remains the most resilient geographically but is slowing. AI demand remains robust, adds KeyBanc.
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