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Microchip Technology (NASDAQ:MCHP) Price Target Cut to $76.00 by Analysts at Citigroup - Vimarsana News

Microchip Technology (NASDAQ:MCHP) Price Target Cut to $76.00 by Analysts at Citigroup

Microchip Technology (NASDAQ:MCHP – Get Rating) had its target price reduced by Citigroup from $85.00 to $76.00 in a research report released on Friday morning, The Fly reports. Several other equities research analysts have also issued reports on the stock. Raymond James lifted their price target on shares of Microchip Technology from $90.00 to $105.00 […]

Source: wkrb13.com
Zacks Research Research Analysts Decrease Earnings Estimates for Microchip Technology Incorporated (NASDAQ:MCHP) - Vimarsana News

Zacks Research Research Analysts Decrease Earnings Estimates for Microchip Technology Incorporated (NASDAQ:MCHP)

Microchip Technology Incorporated (NASDAQ:MCHP – Get Rating) – Analysts at Zacks Research dropped their FY2023 EPS estimates for Microchip Technology in a report released on Tuesday, May 2nd. Zacks Research analyst A. Ganguly now forecasts that the semiconductor company will post earnings of $5.70 per share for the year, down from their previous estimate of […]

Microchip Technology (NASDAQ:MCHP) Price Target Cut to $80.00 by Analysts at TD Cowen - Vimarsana News

Microchip Technology (NASDAQ:MCHP) Price Target Cut to $80.00 by Analysts at TD Cowen

Microchip Technology (NASDAQ:MCHP – Get Rating) had its target price decreased by equities research analysts at TD Cowen from $85.00 to $80.00 in a report released on Friday, Briefing.com reports. The firm presently has a “market perform” rating on the semiconductor company’s stock. TD Cowen’s target price points to a potential upside of 5.22% from […]

Microchip Technology Incorporated (NASDAQ:MCHP) Announces Quarterly Dividend of $0.38 - Vimarsana News

Microchip Technology Incorporated (NASDAQ:MCHP) Announces Quarterly Dividend of $0.38

Microchip Technology Incorporated (NASDAQ:MCHP – Get Rating) announced a quarterly dividend on Thursday, May 4th, RTT News reports. Shareholders of record on Monday, May 22nd will be given a dividend of 0.383 per share by the semiconductor company on Monday, June 5th. This represents a $1.53 annualized dividend and a yield of 2.01%. This is […]

Microchip Technology (NASDAQ:MCHP) Shares Gap Down on Analyst Downgrade - Vimarsana News

Microchip Technology (NASDAQ:MCHP) Shares Gap Down on Analyst Downgrade

Microchip Technology Incorporated (NASDAQ:MCHP – Get Rating) gapped down prior to trading on Friday after TD Cowen lowered their price target on the stock from $85.00 to $80.00. The stock had previously closed at $76.03, but opened at $71.00. TD Cowen currently has a market perform rating on the stock. Microchip Technology shares last traded […]