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Fly News Breaks for June 5, 2018
MPWR
Jun 5, 2018 | 07:15 EDT
Deutsche Bank analyst Ross Seymore raised his price target for Monolithic Power to $140 ahead of the company's analyst day on June 7. The analyst expects the quality of the company's growth to continue improving as it "further penetrates long-tailed end markets such as Server, Auto and Industrial." This combination of faster growth and rising quality should remain compelling to long-term investors, Seymore tells investors in a research note. He keeps a Buy rating on Monolithic Power.
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