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
€109.90
2.660%
With 46 Buy predictions and not a single Sell prediction Citigroup Inc. is an absolute favorite of our community.
However, we have a potential of -3.55% for Citigroup Inc. as the target price of 106 € is below the current price of 109.9 €.
