Monolithic Power Systems (MPWR) Tops Q4 EPS by 11c, Beats on Revenue; Offers Q1 Revenue Guidance

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Monolithic Power Systems (MPWR) PT Raised to $800 at Citi

February 7, 2025 7:36 AM EST

Citi analyst Kelsey Chia raised the price target on Monolithic Power Systems (NASDAQ: MPWR) to $800.00 (from $700.00) while maintaining a Buy rating.

The analyst comments "Yesterday after the close, MPWR reported strong 4Q24 results and guided 1Q25 sales better than feared as strength from the... More