Stifel Maintains Buy on Microchip Technology, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a Buy rating on Microchip Technology (MCHP) and raises the price target from $94 to $98.
April 18, 2024 | 5:25 pm
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Stifel analyst Tore Svanberg maintains a Buy rating on Microchip Technology and raises the price target from $94 to $98.
The increase in price target by Stifel indicates a positive outlook on Microchip Technology's stock, suggesting potential upside. This is based on the analyst's assessment and could influence investor sentiment positively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100