Monolithic Power Systems (MPWR) : The consensus on Monolithic Power Systems (MPWR) based on 8 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Monolithic Power Systems (MPWR) : Currently there are 6 street experts covering Monolithic Power Systems (MPWR) stock. The most bullish and bearish price target for the stock is $82 and $68 respectively for the short term. The average price target of all the analysts comes to $77.5. The estimated standard deviation from the target is $5.21.
For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Stifel Nicolaus maintains its outlook on Monolithic Power Systems (NASDAQ:MPWR). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $75 per share to $81 per share. The rating by the firm was issued on July 14, 2016.
Monolithic Power Systems (NASDAQ:MPWR): The stock opened at $76.5 and touched an intraday high of $76.68 on Wednesday. During the day, the stock corrected to an intraday low of $75.61, however, the bulls stepped in and pushed the price higher to close in the green at $76.68 with a gain of 0.04% for the day. The total traded volume for the day was 268,325. The stock had closed at $76.65 in the previous trading session.
Monolithic Power Systems, Inc. provides integrated power solutions. The Company provides power solutions for systems found in industrial applications, telecom infrastructures, cloud computing, automotive, and consumer applications. MPS can be contacted through its Website at www.monolithicpower.com or its support offices around the world. The Company is headquartered in San Jose, California.