Rosenblatt Reiterates Buy on Microchip Technology, Maintains $125 Price Target
Portfolio Pulse from richadhand@benzinga.com
Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Microchip Technology (NASDAQ:MCHP) and maintained a price target of $125.
August 04, 2023 | 1:02 pm
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Rosenblatt analyst Hans Mosesmann has reiterated a 'Buy' rating on Microchip Technology and maintained a price target of $125.
The reiteration of a 'Buy' rating by a Rosenblatt analyst and the maintenance of a $125 price target indicates a positive outlook for Microchip Technology. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100