Monolithic Power Systems (MPWR) Upgraded To Buy

Roth Capital upgraded its rating of Monolithic Power Systems, Inc. (NASDAQ: MPWR) shares from Hold to Buy. Roth Capital also raised the price target from $20 to $25.

Monolithic Power Systems, Inc. designs, develops and markets analog and mixed-signal semiconductors.

Wedbush Morgan also upgraded its rating of Monolithic Power Systems from Underperform to Neutral on 9 February 2009.

Shares of Monolithic Power Systems closed Wednesday at $20.49 and the 52 week range is $11.26 to $25.26. The company has a market capitalization of $720.53 million and a P/E ratio of 38.16.