Monolithic Power Systems Announces Results for the Third Quarter Ended September 30, 2024
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Rosenblatt Downgrades Monolithic Power Systems (MPWR) to Neutral
October 31, 2024 6:37 AM EDTRosenblatt analyst Hans Mosesmann downgraded Monolithic Power Systems (NASDAQ: MPWR) from Buy to Neutral with a price target of $880.00.
The analyst comments "MPS drove a decent beat and mixed outlook, with revenues a tad higher and GMs a bit weaker. Broader end market trends have recovered nicely; however, Enterprise Data (AI... More
