Cohu Appoints Karen M. Rapp to its Board of Directors

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Microchip Technology (MCHP) PT Raised to $104 at Citi

May 7, 2024 5:45 AM EDT

Citi analyst Christopher Danely raised the price target on Microchip Technology (NASDAQ: MCHP) to $104.00 (from $100.00) while maintaining a Buy rating.

The analyst comments "Yesterday, Microchip reported in-line results but guided the June quarter lower as the inventory build is worse than expected.... More