Form 8-K MICROCHIP TECHNOLOGY For: May 09
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Microchip Technology (MCHP) PT Lowered to $100 at Jefferies
May 10, 2022 8:42 AM EDTJefferies analyst Mark Lipacis lowered the price target on Microchip Technology (NASDAQ: MCHP) to $100.00 (from $109.00) while maintaining a Buy rating.
The analyst commented, "MarQ revs/EPS were 1%/2% above consensus. JunQ rev and outlook are both 5% above. JunQ rev outlook assumes 6% QQ growth and... More
Microchip Technology (MCHP) PT Lowered to $90 at Needham & Company
May 10, 2022 7:58 AM EDTNeedham & Company analyst Rajvindra Gill lowered the price target on Microchip Technology (NASDAQ: MCHP) to $90.00 (from $105.00) while maintaining a Buy rating following earnings.
The analyst commented, "Heading into MCHP's 4QF22 report, the SOX hit new lows for the year as sentiment on... More
