Oppenheimer analyst Rick Schafer raised the firm’s price target on Monolithic Power to $900 from $750 and keeps an Outperform rating on the shares. Wednesday, the firm had the opportunity to visit Monolithic’s CEO and Founder Michael Hsing and CFO Bernie Blegen on its 22nd annual semiconductor bus tour. Tone was positive as management shared details on content/share growth in AI-related DC 48V.
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