What 13 Analyst Ratings Have To Say About Microchip Technology
Portfolio Pulse from Benzinga Insights
Microchip Technology (NASDAQ:MCHP) has received 13 analyst ratings in the last quarter, with 5 bullish, 3 somewhat bullish, and 5 indifferent. The average 12-month price target for the company is $101.31, an increase of 8.82% over the past month.
September 20, 2023 | 5:00 pm
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Microchip Technology has received mixed analyst ratings, with an average 12-month price target of $101.31, indicating potential upside.
The mixed analyst ratings suggest differing opinions on the company's performance. However, the average 12-month price target of $101.31, which has increased by 8.82% over the past month, indicates a positive outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100