Citi lowered the firm’s price target on Microchip (MCHP) to $82 from $92 and keeps a Buy rating on the shares. Microchip reported “ok results” but guided well below consensus due to continued auto and ...
Microchip Technology forecast third-quarter revenue and profit below estimates on Tuesday, indicating a sluggish demand from automotive customers amid economic uncertainty, sending its shares down ...
In the assessment of 12-month price targets, analysts unveil insights for Microchip Technology, presenting an average target of $90.0, a high estimate of $100.00, and a low estimate of $80.00.