Monolithic Power Systems Shares Rise After Wells Fargo Upgrade

MT Newswires Live01-16

Monolithic Power Systems (MPWR) shares were up over 3% in recent Thursday trading after Wells Fargo upgraded the stock to overweight from equal weight and raised its price target to $1,125 from $1,100.

Trading volume stood at more than 244,000 shares, compared with a daily average of around 685,000.

Price: 1018.99, Change: +35.39, Percent Change: +3.60

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