Microchip Technology flags 'potentially suspicious' network activity; shares fall
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Citi Reiterates Buy Rating on Microchip Technology (MCHP)
August 21, 2024 4:56 AM EDTCiti analyst Christopher Danely reiterated a Buy rating and $92.00 price target on Microchip Technology (NASDAQ: MCHP).
The analyst comments "Yesterday, MCHP disclosed that its information technology systems were breached, and the incident impacted its manufacturing operations and could impede the ability to... More
