🟢 Monolithic Power Systems is trading 5% up in pre-market after StoneX initiated coverage with Buy rating

Monolithic Power Systems is trading 5.15% up in pre-market at $1276.16 after StoneX initiated coverage with a Buy rating and an $1,800 price target.

• The target represents roughly 48% upside from the referenced $1,219 price.
• StoneX cited the company’s lean expense profile and best-in-class margins.
• Broader technology sentiment is also supportive, though the analyst action appears to be the clearest catalyst.