Monolithic Power Systems (MPWR) Tops Q4 EPS by 2c

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Monolithic Power Systems (MPWR) PT Raised to $94 at Needham & Company on Guidance

February 10, 2017 7:34 AM EST

Needham & Company analyst N. Quinn Bolton reiterates Buy rating and increases price target on Monolithic Power Systems (NASDAQ: MPWR) to $94 (from $87), as the company delivered 2016 fourth quarter results and 2017 guidance above consensus, driven by diverse end market strength.

Bolton comments, "MPS delivered... More