Monolithic Power Systems (MPWR) Tops Q2 EPS by 1c

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Monolithic Power Systems (MPWR) PT Raised to $117 at Stifel Following Solid 2Q

July 27, 2017 7:20 AM EDT

Stifel raised its price target on Monolithic Power Systems (NASDAQ: MPWR) to $117.00 (from $110.00) while maintaining a Buy rating following the company's 2Q earnings release. Revenue of $112.2mn came in at the high end of MPS guidance range of $109mn-$113mn. Non-GAAP EPS of $0.68 came... More