UBS raised the firm’s price target on Microchip (MCHP) to $60 from $55 and keeps a Buy rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCHP:
- Microchip price target raised to $55 from $50 at Citi
- Microchip price target raised to $65 from $60 at Raymond James
- Trump administration to rescind chip curbs, Bloomberg reports
- Microchip upgraded to Neutral at BofA on sales inflection, cost cuts
- Microchip upgraded to Neutral from Underperform at BofA