Needham analyst N. Quinn Bolton raised the firm’s price target on Monolithic Power (MPWR) to $1,025 from $820 and keeps a Buy rating on the shares after meeting with its management team. Multiple company product and customer ramps support diversified Enterprise Data growth in the second half of 2025 and 2026, the analyst tells investors in a research note. High speed optical modules are driving Communications growth, the growth in Automotive should be driven by waves of new products, and the strength in Compute and Storage in the first half of the year does not appear to be driven by tariff related pull-in, the firm added.
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