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EAU CLAIRE, Wis. (WFRV) – Officials from a manufacturing company in western Wisconsin announced they will be laying off around 75% of its staff by early April. Hutchinson Technology Incorporated, located at 2435 Alpine Road in Eau Claire, submitted a Worker Adjustment and Retraining Notification (WARN) letter to the Wisconsin Department of Workforce Development (DWD) […]
Microchip Technology Incorporated (NASDAQ:MCHP – Get Free Report) has received an average rating of “Moderate Buy” from the fifteen brokerages that are currently covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12 month price objective […]
Microchip Technology (NASDAQ:MCHP – Free Report) had its price target cut by Stifel Nicolaus from $96.00 to $94.00 in a report released on Friday, Benzinga reports. They currently have a buy rating on the semiconductor company’s stock. A number of other brokerages have also commented on MCHP. Wolfe Research raised Microchip Technology from a peer […]
Microchip Technology (NASDAQ:MCHP – Get Free Report) had its price target cut by stock analysts at Susquehanna from $105.00 to $100.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “positive” rating on the semiconductor company’s stock. Susquehanna’s price target would suggest a potential upside of […]
Microchip Technology (NASDAQ:MCHP – Get Free Report) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided earnings per share guidance of 0.460-0.680 for the period, compared to the consensus earnings per share estimate of 0.910. The company issued revenue guidance of $1.2 billion-$1.4 billion, compared to the consensus revenue estimate of $1.7 […]