Monolithic Power Systems (MPWR) Tops Q3 EPS by 4c

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Go back to Monolithic Power Systems (MPWR) Tops Q3 EPS by 4c

Monolithic Power Systems (MPWR) PT Lowered to $450 at Needham & Company

October 28, 2022 6:54 AM EDT

Needham & Company analyst Quinn Bolton lowered the price target on Monolithic Power Systems (NASDAQ: MPWR) to $450.00 (from $550.00) while maintaining a Buy rating.

The analyst commented, "MPS reported 3Q22 results that slightly beat revenue and NG EPS consensus estimates, while GM was in-line. Key... More