Piper Jaffray is out with its report today on Monolithic Power MPWR, raising its PT from $22.50 to $23.
In its report, Piper Jaffray writes, "Maintain Overweight. Our price target goes to $23 from $22.50 based on 18x our slightly raised CY12E EPS of $1.27."
Shares of MPWR closed Tuesday at $12.76, down 3.55% from Monday's close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsInformation TechnologyPiper JaffraySemiconductors
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