Susquehanna Maintains Positive on Microchip Technology, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a Positive rating on Microchip Technology but lowers the price target from $105 to $95.
October 21, 2024 | 1:01 pm
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Susquehanna analyst Christopher Rolland maintains a Positive rating on Microchip Technology but lowers the price target from $105 to $95.
The analyst's decision to maintain a Positive rating suggests confidence in the company's performance, but the lowered price target indicates some caution about future growth. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100