Stifel Upgrades Microchip Technology to Buy, Raises Price Target to $75
Stifel analyst Tore Svanberg upgrades Microchip Technology (NASDAQ:MCHP) from Hold to Buy and raises the price target from $70 to $75.
B. Riley Securities Maintains Buy on Microchip Technology, Lowers Price Target to $78
B. Riley Securities analyst Craig Ellis maintains Microchip Technology (NASDAQ:MCHP) with a Buy and lowers the price target from $85 to $78.
Here’s How Much You Would Have Made Owning Microchip Technology Stock In The Last 10 Years
Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 10 years by 4.33% on an annualized basis producing an average annual return of 16.62%. Currently, Microchip Technology has a market capitalization of $39.73 billion.
Needham Maintains Buy on Microchip Technology, Lowers Price Target to $90
Needham analyst Rajvindra Gill maintains Microchip Technology (NASDAQ:MCHP) with a Buy and lowers the price target from $105 to $90.
B. Riley Securities Maintains Buy on Microchip Technology, Lowers Price Target to $85
B. Riley Securities analyst Craig Ellis maintains Microchip Technology (NASDAQ:MCHP) with a Buy and lowers the price target from $105 to $85.
KeyBanc Remains Upbeat On Auto-Based Companies Like Microchip, Indie; Shares View On Semiconductor Stocks
KeyBanc analyst John Vinh said nine companies were under coverage (Advanced Micro Devices, Inc (NASDAQ: AMD), Cirrus Logic, Inc (NASDAQ:CRUS), Lattice Semiconductor Corporation (NASDAQ:LSCC), Monolithic…
Morgan Stanley Maintains Overweight on Microchip Technology, Lowers Price Target to $85
Morgan Stanley maintains Microchip Technology (NASDAQ:MCHP) with a Overweight and lowers the price target from $100 to $85.
Earnings Scheduled For May 9, 2022
Companies Reporting Before The Bell
• Atlantica Sustainable (NASDAQ:AY) is likely to report quarterly loss at $0.08 per share on revenue of $277.90 million.
KeyBanc Sees Challenging Setup For Semiconductor Earnings
KeyBanc saw a challenging setup for semiconductor earnings season, as correction concerns dominated strong, broad-based near-term fundamentals and robust results and guidance.
Truist Securities Maintains Buy on Microchip Technology, Lowers Price Target to $79
Truist Securities analyst William Stein maintains Microchip Technology (NASDAQ:MCHP) with a Buy and lowers the price target from $94 to $79.