Microchip Technology (MCHP) PT Raised to $112 at Susquehanna
Tweet
Share
E-mail
Get Alerts MCHP Hot Sheet
Price: $79.17 +1.91%
Rating Summary:
26 Buy, 11 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
26 Buy, 11 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Susquehanna analyst Christopher Rolland raised the price target on Microchip Technology (NASDAQ: MCHP) to $112.00 (from $105.00) while maintaining a Positive rating following generally in-line C3Q19 results, but significantly worse than expected C4Q19 guidance as management continues to blame trade uncertainty for macro weakness.
"Despite a strong month of October, trade tensions and customer uncertainty continue to weigh as we look for a (second) bottom," Rolland commented.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fiserv (FISV) PT Lowered to $60 at Freedom Broker
- Petronet LNG Ltd. (PLNG:IN) PT Raised to INR310 at ICICI Securities
- Va Tech Wabag Ltd. (VATW:IN) PT Raised to INR2,410 at ICICI Securities
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT ChangeRelated Entities
Susquehanna International Group of CompaniesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
