Microchip Technology (MCHP) Declares $0.362 Quarterly Dividend; 1.8% Yield

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Microchip Technology (MCHP) PT Raised to $84 at Mizuho Securities on 2Q Report; 'Solid Q and Guide with Good Execution'

August 4, 2017 8:35 AM EDT

Mizuho Securities raised its price target on Microchip Technology (NASDAQ: MCHP) to $84.00 (from $80.00) while maintaining a Neutral rating, following the company's second quarter earnings report.

Analyst Vijay Rakesh notes the company delivered second quarter earnings per share and revenues above consensus projections, fueled by... More

Microchip Technology (MCHP) PT Raised to $94 at Jefferies

August 4, 2017 8:26 AM EDT

Jefferies raised its price target on Microchip Technology (NASDAQ: MCHP) to $94.00 (from $92.00) while maintaining a Buy rating.

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Microchip Technology (MCHP) Tops Q1 EPS by 8c, Beats on Revenues

August 3, 2017 4:35 PM EDT

Microchip Technology (NASDAQ: MCHP) reported Q1 EPS of $1.31, $0.08 better than the analyst estimate of $1.23. Revenue for the quarter came in at $972.1 million versus the consensus estimate of $947.48 million.

For the quarter ended June 30, 2017

Record GAAP net sales of $972.1 million, up 7.7%... More