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Fly News Breaks for May 18, 2018
MPWR
May 18, 2018 | 07:23 EDT
As reported previously, Cowen analyst Matthew Ramsay initiated Monolithic Power with an Outperform rating. The analyst cited its upcoming product ramps, its recent growth rate and expectations for it to accelerate, which he believes will drive upward earnings revisions. Ramsay has a $150 price target on Monolithic Power shares.
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