KeyBanc maintains Overweight ratings on Monolithic Power Systems (MPWR) and Intel (INTC), raising price targets and expecting strong Q3 results with raised guidance for both.
Monolithic Power (MPWR):
- Price target raised to $2,100 .
- Expected to benefit from continued strength in Enterprise Data, server CPU, and AI demand, particularly with Nvidia's Vera Rubin ramp .
- Positioned as primary Vcore supplier for Nvidia, with higher content expected for Rubin Ultra .
Intel (INTC):
- Price target maintained at $155 .
- Anticipates strong server CPU performance driven by agentic AI demand .
- Foundry expansion with commitments from Broadcom, Alphabet, Apple, AMD, Microsoft, and Nvidia .
Both companies are seen benefiting from the ongoing AI infrastructure buildout, with KeyBanc's estimates for Q3/Q4 revenue and EPS exceeding consensus .
KeyBanc positive on Monolithic Power into earnings
INVESTING.COMOct 26, 9:52 AM UTC
KeyBanc maintains overweight rating on Intel with $155 target
INVESTING.COMOct 26, 9:50 AM UTC
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