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Monolithic Power Systems Reaches Analyst Target Price

In recent trading, shares of Monolithic Power Systems Inc (MPWR) have crossed above the average analyst 12-month target price of $816.83, changing hands for $830.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..

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Monolithic Power Systems, Inc. (MPWR)