Oppenheimer is out with its report today on Monolithic Power Systems MPWR, maintaining Perform.
In its report, Oppenheimer writes, "Despite improved margin guidance, we believe investors remain concerned about long-term growth and GM trends. With shares off 23% YTD vs. the SOX down 9%, expectations appeared low heading into the earnings call and we anticipate a
positive reaction Wednesday."
At the time of posting, shares of MPWR were trading at $13.01, up 1.96% from Tuesday's close.
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