Rosenblatt analyst Kevin Cassidy raised the firm’s price target on Monolithic Power (MPWR) to $950 from $800 and keeps a Neutral rating on the shares. The firm sees Monolithic pulling out of the Industrial/Automotive downturn faster than peers, but would like to hear that backlog and visibility is improving before getting more positive on the stock, the analyst tells investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MPWR:
- Monolithic Power price target raised to $1,300 from $1,250 at KeyBanc
- Monolithic Power’s Strong Q3 Performance and Growth Potential Justifies Buy Rating
- Monolithic Power Systems Reports Strong Q3 2025 Results
- Monolithic Power: Strong Performance and Promising Growth Prospects Justify Buy Rating
- Monolithic Power reports Q3 EPS $4.73, consensus $4.63