Microchip Technology (MCHP) Tops Q2 EPS by 1c, Offers Guidance
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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) Raises Quarterly Dividend 6.2% to $0.232; 1.1% Yield
November 4, 2021 5:05 PM EDTMicrochip Technology (NASDAQ: MCHP) declared a quarterly dividend of $0.232 per share, or $0.928 annualized. This is a 6.2% increase from the prior dividend of $0.2185.
The dividend will be payable on December 3, 2021, to stockholders of record on November 19, 2021, with an ex-dividend date of November 18,... More
