Monolithic Power Systems Announces Results for the First Quarter Ended March 31, 2017

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Monolithic Power Systems (MPWR) PT Raised to $100 at Needham & Company Following 1Q

April 27, 2017 7:21 AM EDT

Needham & Company raised its price target on Monolithic Power Systems (NASDAQ: MPWR) to $100.00 (from $94.00) while maintaining a Buy rating. MPWR reported 1Q revenue of $100.4MM, above the midpoint of guidance and estimates of $100MM. NG EPS of $0.58 beat estimates by a... More