Piper Sandler Maintains Overweight on Microchip Technology, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Harsh Kumar has maintained an Overweight rating on Microchip Technology (NASDAQ:MCHP) but lowered the price target from $100 to $80.

November 03, 2023 | 8:51 pm
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Piper Sandler has maintained an Overweight rating on Microchip Technology but lowered the price target from $100 to $80.
The news is directly about Microchip Technology. While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target could create some uncertainty among investors, potentially impacting the stock's short-term performance.
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