Microchip Technology Announces Record Financial Results for Second Quarter of Fiscal Year 2022
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Microchip Technology (MCHP) PT Raised to $98 at Jefferies
November 5, 2021 8:19 AM EDTJefferies analyst Mark Lipacis raised the price target on Microchip Technology (NASDAQ: MCHP) to $98.00 (from $97.00) while maintaining a Buy rating.
The analyst commented, "EPS beat by 1% for the SepQ and by 8% for the DecQ outlook. MCHP expects to increase capacity... More
Microchip Technology (MCHP) PT Raised to $100 at Susquehanna
November 5, 2021 8:08 AM EDTSusquehanna analyst Christopher Rolland raised the price target on Microchip Technology (NASDAQ: MCHP) to $100.00 (from $98.00) while maintaining a Positive rating.
The analyst commented, "MCHP posted in-line results but better guidance and now have visibility into four more quarters of supply and sequential growth."
... MoreMicrochip Technology (MCHP) PT Raised to $82 at Stifel
November 5, 2021 6:56 AM EDTStifel analyst Tore Svanberg raised the price target on Microchip Technology (NASDAQ: MCHP) to $82.00 (from $76.00) while maintaining a Hold rating. The analyst highlighted:
Solid Sep Q beat (rev +0.7%/NG EPS +$0.02 vs. Street) and raised Dec Q outlook (+6.0% q/q), while... MoreMicrochip Technology (MCHP) Tops Q2 EPS by 1c, Offers Guidance
November 4, 2021 4:37 PM EDTMicrochip Technology (NASDAQ: MCHP) reported Q2 EPS of $1.07, $0.01 better than the analyst estimate of $1.06. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.65 billion.
GUIDANCE:
Microchip Technology sees Q3 2022 EPS of $1.14-$1.20, versus the consensus of $1.09.... More
