UBS raised the firm’s price target on Microchip (MCHP) to $60 from $55 and keeps a Buy rating on the shares.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
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