Microchip Technology (MCHP) Raises Quarterly Dividend 0.1% to $0.3670; 1.4% Yield

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Go back to Microchip Technology (MCHP) Raises Quarterly Dividend 0.1% to $0.3670; 1.4% Yield

Microchip Technology (MCHP) PT Raised to $132 at Rosenblatt

February 5, 2020 7:10 AM EST

Rosenblatt analyst Hans Mosesmann raised the price target on Microchip Technology (NASDAQ: MCHP) to $132.00 (from $115.00) while maintaining a Buy rating.

The analyst commented, "Microchip delivered a slight upside for its December quarter, which had been upwardly pre-announced twice on tangible early recovery in... More