Mizuho Maintains Neutral on Microchip Technology, Lowers Price Target to $86
Portfolio Pulse from jenniferd'souza@benzinga.com
Mizuho analyst Vijay Rakesh maintains a Neutral rating on Microchip Technology (NASDAQ:MCHP) and lowers the price target from $89 to $86.
August 04, 2023 | 3:26 pm
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NEUTRAL IMPACT
Mizuho has maintained a Neutral rating on Microchip Technology and lowered the price target from $89 to $86.
The news directly pertains to Microchip Technology as Mizuho has maintained a Neutral rating on the company and lowered the price target. This could potentially influence investor sentiment and impact the stock's price, although the direction of the impact is uncertain due to the neutral rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100