Monolithic Power Systems stock ends higher after Wells Fargo upgrade — what MPWR holders watch next week
NEW YORK, Jan 17, 2026, 18:58 EST — The market has closed. Monolithic Power Systems shares rose 2.37% to close at $1,033.17 on Friday, outpacing other semiconductor stocks ahead of the U.S. market holiday weekend. Throughout the session, the stock fluctuated between $1,019.62 and $1,047.40. The rally came after Wells Fargo’s Joe Quatrochi upgraded Monolithic Power from “Equal Weight” to “Overweight,” raising his price target to $1,125 from $1,100. He pointed to a “path for positive estimate revisions” as enterprise data demand expands and other data-related segments remain strong. Quatrochi also highlighted “easy” year-on-year comps and the potential for customers