Analyst Ratings for Microchip Technology
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Microchip Technology (NASDAQ:MCHP) within the last quarter, with 2 bullish, 3 somewhat bullish, and 3 indifferent. The average price target is $91.25, representing a 3.07% decrease from the previous average price target of $94.14.
July 14, 2023 | 9:00 pm
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NEUTRAL IMPACT
Mixed analyst ratings and a lower average price target could impact Microchip Technology's stock.
The mixed analyst ratings indicate uncertainty about the company's performance. The decrease in the average price target could suggest that analysts are less optimistic about the company's future performance, which could potentially impact the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100