Monolithic Power upgraded to Buy at Loop Capital following selloff

By Yahoo! Finance   |   1 year ago
Monolithic Power upgraded to Buy at Loop Capital following selloff

Loop Capital upgraded Monolithic Power (MPWR) to Buy, maintaining a price target of $660 despite recent stock declines. Concerns about market share loss to Nvidia and order fluctuations have pressured shares, but analyst believes in strong revenue growth potential.

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