Microchip Technology (MCHP) Narrows Financial Guidance for Q4

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Microchip Technology (MCHP) PT Raised to $110 at Piper Jaffray Following Announced Microsemi Acquisition

March 2, 2018 7:26 AM EST

Piper Jaffray raised its price target on Microchip Technology (NASDAQ: MCHP) to $110.00 (from $100.00) while maintaining a Overweight rating following the company's announcement that it has signed a definitive agreement to acquire Microsemi for $68.78 per share in cash. Microchip believes the deal will be... More