Monolithic Power Systems shares are trading higher after the company reported better-than-expected Q4 financial results. Also, Rosenblatt and Needham raised their respective price targets on the stock.

Monolithic Power Systems, Inc. +3.68%

Monolithic Power Systems, Inc.

MPWR

1402.81

+3.68%

Monolithic Power Systems shares are trading higher after the company reported better-than-expected Q4 financial results. Also, Rosenblatt and Needham raised their respective price targets on the stock.