Wall Street closes sharply higher on signs of economic rebound

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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 $120 at Susquehanna After Company Increases Midpoints

June 3, 2020 9:12 AM EDT

Susquehanna analyst Christopher Rolland raised the price target on Microchip Technology (NASDAQ: MCHP) to $120.00 (from $115.00) while maintaining a Positive rating, citing the easing of supply chain disruptions, customers' factories in China are fully back operating, as well as factories in Europe and North America... More