Monolithic Power (MPWR) Receives a Buy from Oppenheimer


In a report released today, Rick Schafer from Oppenheimer maintained a Buy rating on Monolithic Power (MPWR), with a price target of $150. The company’s shares closed on Friday at $124.72.

According to TipRanks.com, Schafer is a 5-star analyst with an average return of 13.7% and a 64.5% success rate. Schafer covers the Consumer Goods sector, focusing on stocks such as Akoustis Technologies, Skyworks Solutions, and Texas Instruments.

Currently, the analyst consensus on Monolithic Power is a Strong Buy with an average price target of $151.67.

See today’s analyst top recommended stocks >>

The company has a one-year high of $152.21 and a one-year low of $101.99. Currently, Monolithic Power has an average volume of 479.6K.

Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts