Monolithic Power Systems (MPWR) Reports In-Line Q2 EPS

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Monolithic Power Systems (MPWR) PT Raised to $155 at Needham & Company

July 26, 2018 7:13 AM EDT

Needham & Company raised its price target on Monolithic Power Systems (NASDAQ: MPWR) to $155.00 (from $150.00) while maintaining a Buy rating.

Analyst N. Quinn Bolton commented, "For its 17th consecutive quarter, MPS reported in-line to better than expected results and provided guidance beyond expectations.... More