Form 8-K MICROCHIP TECHNOLOGY For: Nov 04

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Go back to Form 8-K MICROCHIP TECHNOLOGY For: Nov 04

Microchip Technology (MCHP) PT Raised to $98 at Jefferies

November 5, 2021 8:19 AM EDT

Jefferies 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 EDT

Susquehanna 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."

... More

Microchip Technology (MCHP) PT Raised to $82 at Stifel

November 5, 2021 6:56 AM EDT

Stifel 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... More