Barclays analyst Tom O’Malley initiated coverage of Microchip (MCHP) with an Equal Weight rating and $80 price target
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Read More on MCHP:
- Microchip Issues Convertible Notes to Optimize Capital Structure
- Microchip price target raised to $69 from $68 at Truist
- Microchip extends edge AI offering with full-stack solutions
- Microchip prices upsized offering of $800M in convertible senior notes
- Microchip call volume above normal and directionally bullish