Oppenheimer Cites Strong Automotive and AI Demand Driving Monolithic Power Systems, Inc. (MPWR) Upside
Oppenheimer raised its price target for Monolithic Power Systems, Inc. (MPWR) to $1,300 from $1,200, maintaining an Outperform rating due to strong demand from the automotive and AI sectors. Similarly, Wells Fargo increased its price target to $1,200 from $1,125, citing improved sector sentiment and better demand visibility. Monolithic Power Systems designs high-performance analog and mixed-signal power solutions for various markets, focusing on maximizing energy efficiency and performance.
https://finance.yahoo.com/news/oppenheimer-cites-strong-automotive-ai-141254377.html