Monolithic Power Systems (MPWR) Raises Quarterly Dividend 25% to $0.50; 1.1% Yield

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Monolithic Power Systems (MPWR) PT Raised to $200 at Rosenblatt

February 6, 2020 6:21 AM EST

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