Microchip Technology Announces Record Financial Results For Third Quarter of Fiscal Year 2023

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Microchip Technology (MCHP) PT Raised to $110 at Needham & Company

February 3, 2023 6:15 AM EST

Needham & Company analyst Rajvindra Gill raised the price target on Microchip Technology (NASDAQ: MCHP) to $110.00 (from $82.00) while maintaining a Buy rating.

The analyst commented, "Microchip delivered a solid print; all metrics were slightly above our and the Street expectations. Importantly, the... More