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Monolithic Power Systems MPWR - News Analyzed: 5,199 - Last Week: 82 - Last Month: 376

↑ Monolithic Power Systems MPWR: Analysts Adjust Price Targets Amid AI Growth and Nvidia Partnership

Monolithic Power Systems MPWR: Analysts Adjust Price Targets Amid AI Growth and Nvidia Partnership
Monolithic Power Systems Inc. (MPWR) has received both price target updates and sentiment changes from analysts. Truist has adjusted their price target to $762 citing potential growth in the AI sector. Likewise, Loop upgraded MPWR to a 'Buy' with a $660 target due to AI growth and a partnership with Nvidia. In contrast, MPWR faced a price target cut from KeyBanc, citing challenges in its market share. The company announced a Q4 dividend of $1.25 per share. It was also reported that investing in MPWR five years ago could have resulted in a 241% gain. The company's Q3 earnings topped estimates, but its stock experienced a drop. There are speculations about MPWR's profitability and potential in the long-term, with some arguing a 40% drop could indicate a buying opportunity. Negative Nvidia supply chain focus resulted in MPWR's initiation by Wells Fargo at 'Equal Weight' with a $610 target. Various Options market activities and short interests surrounding the stock have also been observed.

Monolithic Power Systems MPWR News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Wed, 01 Jan 2025 12:43:09 GMT - Rating 6 - Innovation 5 - Information 7 - Rumor 3

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