Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2021
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Microchip Technology (MCHP) PT Raised to $150 at Rosenblatt
November 6, 2020 7:08 AM ESTRosenblatt analyst Hans Mosesmann raised the price target on Microchip Technology (NASDAQ: MCHP) to $150.00 (from $130.00) while maintaining a Buy rating.
The analyst commented, "Excellent execution given the multitude of cross currents from a demand and supply perspective exiting 2020. Microchip called out... More
Microchip Technology (MCHP) Tops Q2 EPS by 13c, Offers Q3 Guidance
November 5, 2020 4:32 PM ESTMicrochip Technology (NASDAQ: MCHP) reported Q2 EPS of $1.56, $0.13 better than the analyst estimate of $1.43. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.26 billion.
GUIDANCE:
Microchip Technology sees Q3 2021 EPS of $1.51-$1.63, versus the consensus of $1.46.... More
