Why Monolithic Power Systems Rallied Today
Shares of Monolithic Power Systems (NASDAQ: MPWR) rallied hard today, up 5% as of 3:15 p.m. ET
Monolithic was beaten down in November on fears of market share losses in its high-growth artificial intelligence (AI) segment. However, with shares down 35% from their recent highs, Monolithic found one more defender on Wall Street today.
Today, initiated coverage on Monolithic with a buy rating, giving the stock a $700 price target. That's 17.6% higher than Monolithic's $595 share price at the end of close yesterday.
Source Fool.com
Citigroup Inc. Stock
€101.32
0.460%
The stock is an absolute favorite of our community with 48 Buy predictions and no Sell predictions.
With a target price of 104 € there is a slightly positive potential of 2.65% for Citigroup Inc. compared to the current price of 101.32 €.
