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

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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.

... More

Microchip Technology (MCHP) PT Raised to $120 at Needham & Company; 'Firing on all Cylinders'

August 4, 2017 6:57 AM EDT

Needham & Company raised its price target on Microchip Technology (NASDAQ: MCHP) to $120.00 (from $100.00) while maintaining a Strong Buy rating. Analyst Rajvindra Gill said the company is "Firing on all Cylinders."

Gill commented, "Microchip saw growth in all business segments, across all geographies,... More

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

August 3, 2017 4:18 PM EDT

Microchip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.362 per share, or $1.448 annualized.

The dividend will be payable on September 5, 2017, to stockholders of record on August 21, 2017, with an ex-dividend date of August 17, 2017.

The annual yield on the dividend is 1.8 percent.

For a... More