Monolithic Power (MPWR) Receives a Rating Update from a Top Analyst

Rosenblatt Securities analyst Hans Mosesmann reiterated a Buy rating on Monolithic Power (MPWRResearch Report) today and set a price target of $620.00. The company’s shares closed last Thursday at $407.29.

According to, Mosesmann is a top 25 analyst with an average return of 33.7% and a 74.6% success rate. Mosesmann covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Texas Instruments.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Monolithic Power with a $533.75 average price target, implying a 29.8% upside from current levels. In a report issued on February 7, Deutsche Bank also maintained a Buy rating on the stock with a $470.00 price target.

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Based on Monolithic Power’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $324 million and net profit of $68.77 million. In comparison, last year the company earned revenue of $259 million and had a net profit of $55.57 million.

Based on the recent corporate insider activity of 128 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MPWR in relation to earlier this year.

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Monolithic Power Systems, Inc. designs, develops and markets power solutions. Its products include power modules, class-d audio, ultrasound mux, automotive, LED lighting and illumination, precision analog and motor drivers. The company was founded by Michael R. Hsing and James C. Moyer on August 22, 1997 and is headquartered in Kirkland, WA.

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