Monolithic Power Systems (MPWR) Tops Q3 EPS by 2c, Beats on Revenues; Q4 Revenues Guidance Above Consensus

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Go back to Monolithic Power Systems (MPWR) Tops Q3 EPS by 2c, Beats on Revenues; Q4 Revenues Guidance Above Consensus

Monolithic Power Systems (MPWR) PT Raised to $126 at Stifel on 3Q Report; ' Crosses Key 30% OM Mark, 4Q Guide Implies 20% Y/Y Growth , with Robust CY18 Prospects'

October 27, 2017 9:55 AM EDT

Stifel raised its price target on Monolithic Power Systems (NASDAQ: MPWR) to $126.00 (from $117.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Tore Svanberg notes a positive outlook on the shares, commenting that "MPS continues to deliver... More