Rosenblatt Maintains Buy on Microchip Technology, Maintains $100 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Hans Mosesmann maintains a Buy rating on Microchip Technology (NASDAQ:MCHP) with a $100 price target.
July 31, 2024 | 3:19 pm
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Rosenblatt analyst Hans Mosesmann maintains a Buy rating on Microchip Technology with a $100 price target, indicating confidence in the company's future performance.
The maintained Buy rating and $100 price target from a reputable analyst suggest a positive outlook for Microchip Technology, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100