Microchip Technology to Present at the 4th Annual Needham Virtual Automotive Tech Conference

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Go back to Microchip Technology to Present at the 4th Annual Needham Virtual Automotive Tech Conference

Microchip Technology (MCHP) PT Raised to $100 at Cowen

June 3, 2020 9:21 AM EDT

Cowen analyst Matthew Ramsay raised the price target on Microchip Technology (NASDAQ: MCHP) to $100.00 (from $88.00) while maintaining a Market Perform rating following the company's June pre-announcement. Microchip positively revised its F1Q revenue and EPS outlooks, as the company called out easing supply chain... More

Microchip Technology (MCHP) PT Raised to $115 at Raymond James

June 3, 2020 7:35 AM EDT

Raymond James analyst Chris Caso raised the price target on Microchip Technology (NASDAQ: MCHP) to $115.00 (from $100.00) while maintaining a Strong Buy rating following the company's positive June quarter preannouncement. Microchip raised the June quarter revenue target, with the midpoint of guidance now assuming... More

Microchip Technology (MCHP) PT Raised to $130 at Needham & Company

June 3, 2020 7:32 AM EDT

Needham & Company analyst Rajvindra Gill raised the price target on Microchip Technology (NASDAQ: MCHP) to $130.00 (from $100.00) while maintaining a Buy rating after adjusting estimates. MCHP raised its June quarter sales and EPS guidance to $1,287MM vs. $1,247MM, and $1.44 vs. $1.35, respectively. The company cited... More