Form 8-K MONOLITHIC POWER SYSTEMS For: Oct 30

Go back to Form 8-K MONOLITHIC POWER SYSTEMS For: Oct 30

Rosenblatt Downgrades Monolithic Power Systems (MPWR) to Neutral

October 31, 2024 6:37 AM EDT

Rosenblatt 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