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Rosenblatt analyst Hans Mosesmann raised the price target on Monolithic Power Systems (NASDAQ: MPWR) to $200.00 (from $185.00) while maintaining a Buy rating.
The analyst commented, "MPS delivered a nice beat and raise 4Q19 and a strong outlook for 2020 driven by Compute/Storage and Comms... More
Monolithic Power Systems (NASDAQ: MPWR) reported Q4 EPS of $0.99, $0.04 worse than the analyst estimate of $1.03. Revenue for the quarter came in at $166.7 million versus the consensus estimate of $163.04 million.
GUIDANCE:
Monolithic Power Systems sees Q1 2020 revenue of $161-167 million, versus the... More

