Analog chipmaker Microchip Technology (NASDAQ:MCHP) in Q4 CY2024, with sales falling 41.9% year on year to $1.03 billion.
Truist lowered the firm’s price target on Microchip (MCHP) to $56 from $68 and keeps a Hold rating on the shares. The company missed estimates ...
Microchip Technology's revenue has been declining for four consecutive quarters. Read more to see why I'm very bearish on ...
In this article, we are going to take a look at where Microchip Technology Incorporated (NASDAQ:MCHP) stands against the other S&P 500 stocks. 2024 was a memorable year for the broad market index ...
Truist Financial analyst William Stein maintained a Hold rating on Microchip (MCHP – Research Report) today and set a price target of $56.00.
While Microchip has aggravated investors, the possibility of upside in MCHP stock just ahead of earnings tempts speculators.
MCHP's third-quarter fiscal 2025 results suffer from a significant revenue drop, sluggish guidance and demand challenges across key markets.
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 ...