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Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today
What Happened? Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company ...
Why Microchip would rather borrow money to pay its high dividend than cut it
Excluding nonrecurring items, such as restructuring costs and the effects of share-based compensation, adjusted earning per share of 20 cents missed the FactSet consensus of 27 cents. The margin of ...
Piper Sandler cuts Microchip stock target to $65, keeps overweight
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...
Truist Financial Reaffirms Their Hold Rating on Microchip (MCHP)
Truist Financial analyst William Stein maintained a Hold rating on Microchip (MCHP – Research Report) today and set a price target of $56.00.
KeyBanc Keeps Their Buy Rating on Microchip (MCHP)
In a report released today, John Vinh from KeyBanc maintained a Buy rating on Microchip (MCHP – Research Report). The company’s shares closed ...
Microchip Technology's Valuation Is Unjustifiable
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
Why Are Analysts Bullish on Microchip Technology Incorporated (MCHP) Now?
We recently compiled a list of the 12 Best S&P 500 Stocks to Invest in According to Analysts. In this article, we are going ...