UPDATE: Evercore Group Reiterates on Monolithic Power Systems Following Meetings Last Week

In a report published Monday, Evercore Group analyst Patrick Wang reiterated an Overweight rating on Monolithic Power Systems (NASDAQ: MPWR ), and raised the price target from $40.00 to $46.00. In the report, Evercore Group noted, “After our meetings last week, we come away with even greater conviction in our