UBS raised the firm’s price target on Microchip (MCHP) to $60 from $55 and keeps a Buy rating on the shares.
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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