Microchip Technology (MCHP) Declares $0.3615 Quarterly Dividend; 1.9% Yield

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Go back to Microchip Technology (MCHP) Declares $0.3615 Quarterly Dividend; 1.9% Yield

Microchip Technology (MCHP) PT Raised to $88 at Stifel on 4Q Beat & Raise; 'Demand in Industrial and Automotive Remains Robust'

May 10, 2017 7:42 AM EDT

Stifel raised its price target on Microchip Technology (NASDAQ: MCHP) to $88.00 (from $83.00) while maintaining a Buy rating, following the company's 2017 fourth quarter earnings report.

Analyst Kevin Cassidy notes the company provided investors with fourth quarter earnings per share and revenue results above consensus... More

Needham & Company Remains Bullish on Microchip Technology (MCHP) Following 4Q17 Results

May 10, 2017 7:11 AM EDT

Needham & Company reiterated a Strong Buy rating and $100.00 price target on Microchip Technology (NASDAQ: MCHP) following the company's 4Q earnings report. Microchip reported 4Q revenue of $902.7 million, higher than its the consensus estimate of $891.1 million. Non-GAAP EPS was $1.16 in the quarter, well above $1.06... More