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Stock Market & Financial Investment News

News Breaks
March 12, 2014
07:52 EDTMPWRMonolithic Power shares should be bought, says Oppenheimer
After meeting with Monolithic's CFO, Oppenheimer believes the company's quarter is tracking as planned, and reports that management's tone "remains consistently bullish." It believes that the company's long-term design pipeline continues to build, and increased its price target on the stock to $41 from $38. It keeps an Outperform rating on the shares.
News For MPWR From The Last 14 Days
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October 27, 2014
16:07 EDTMPWRMonolithic Power sees Q4 revenue $72M-$76M, consensus $74.33M
The company expects non-GAAP gross margin between 54.4%-55.4%.
16:06 EDTMPWRMonolithic Power reports Q3 EPS 46c, consensus 46c
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07:48 EDTMPWRMonolithic Power weakness creates buying opportunity, says Oppenheimer
Oppenheimer believes that the 15% drop in Monolithic's stock since its September high creates a buying opportunity. The firm expects the company to generate "outsize growth" and gross margin increases. It reiterates a $45 price target and Outperform rating.

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