In a report released today, John Vinh from KeyBanc maintained a Buy rating on Monolithic Power (NASDAQ: MPWR), with a price target of $170. The company’s shares closed yesterday at $149.15, close to its 52-week high of $151.08.
According to TipRanks.com, Vinh is a 4-star analyst with an average return of 12.4% and a 59.3% success rate. Vinh covers the Consumer Goods sector, focusing on stocks such as Integrated Device Tech, Skyworks Solutions, and Broadcom.
Monolithic Power has an analyst consensus of Strong Buy, with a price target consensus of $157.
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The company has a one-year high of $151.08 and a one-year low of $97.95. Currently, Monolithic Power has an average volume of 389.5K.
Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is negative on the stock.
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Monolithic Power Systems, Inc. engages in the provision of power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. It operates through the following segments: Consumer, Industrial, Computing and Store, and Communications.
