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