Microchip Tech (MCHP) Cuts Q2 Revs Outlook

Go back to Microchip Tech (MCHP) Cuts Q2 Revs Outlook

Williams Financial Group Cuts Numbers on Microchip Technology (MCHP)

October 16, 2012 8:51 AM EDT

Commenting on Microchip Technology (NASDAQ: MCHP) disappointing preliminary earnings yesterday, analysts at Williams Financial Group said "with continuing macro uncertainty and a lack of a near-term catalyst, we maintain our Hold rating."

Analysts reduced numbers from $0.51 to $0.46. Williams FY12 sales forecast on MCHP... More