Which Apple Chip Suppliers Will Face The Biggest Impact From iPhone Production Cuts?
Apple Inc (NASDAQ: AAPL) is reportedly looking to cut its iPhone production forecast for 2021 by 10 million due to supply chain issues.
Morgan Stanley Maintains Overweight on Microchip Technology . adjusts price target to $ 95
Morgan Stanley maintains Microchip Technology (NASDAQ:MCHP) with a Overweight. adjusts price target to $ 95
UBS Initiates Coverage On Microchip Technology with Neutral Rating, Announces Price Target of $154
UBS analyst Pradeep Ramani initiates coverage on Microchip Technology (NASDAQ:MCHP) with a Neutral rating and announces Price Target of $154.
Wells Fargo Maintains Equal-Weight on Microchip Technology, Lowers Price Target to $155
Wells Fargo analyst Gary Mobley maintains Microchip Technology (NASDAQ:MCHP) with a Equal-Weight and lowers the price target from $165 to $155.
Microchip Technology, Cisco’s Acacia Report Collab To Enable Market Transition To 400G Pluggable Coherent Optics For Data Center Routing, Switching, Metro Optical Transport Network
Bandwidth growth, driven by the expansion of data centers and 5G network build-outs, is expected to drive the need for faster coherent Dense Wavelength Division Multiplexing (DWDM) pluggable optics. Consequently, Data
Wells Fargo Downgrades Microchip Technology to Equal-Weight, Announces $165 Price Target
Wells Fargo analyst Gary Mobley downgrades Microchip Technology (NASDAQ:MCHP) from Overweight to Equal-Weight and announces $165 price target.
$100 Invested In This Stock Over The Last 15 Years, Would Be Worth This Much
Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 90 days by 8.6%, generating a 11.43% return for its investors over the time period. Now, given this information, it may seem like price appreciation alone is the best way to have made money on this stock, that's not actually the case.
BofA Downgrades Synopsys, Cirrus Logic, Cree, Names Top Q4 Semi Picks
Bank of America remains bullish on semiconductor stocks heading into the fourth quarter, but the firm issued three semi stock downgrades Friday and said stock selection is critical at the moment.
The Semiconductor Analyst:
Analyst Vivek Arya issued the following ratings and price target changes:
B of A Securities Maintains Buy on Microchip Technology, Raises Price Target to $185
B of A Securities analyst Vivek Arya maintains Microchip Technology (NASDAQ:MCHP) with a Buy and raises the price target from $170 to $185.
Microchip Technology Announces 2-For-1 Stock Split
Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today a 2-for-1 stock split. The stock split is being implemented to increase trading liquidity