Microchip price target lowered to $68 from $71 at Truist

Dec 16, 2024 · Truist lowered the firm’s price target on Microchip (MCHP) to $68 from $71 and keeps a Hold rating on the shares. The firm reiterated a cautious semiconductor and artificial …

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Microchip Price Target Lowered To $68 From $71 At Truist

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Dec 16, 2024 · Truist lowered the firm’s price target on Microchip (MCHP) to $68 from $71 and keeps a Hold rating on the shares. The firm reiterated a cautious semiconductor and artificial …

nasdaq.com

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Truist Trims Price Target On Microchip Technology To $68 From …

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Dec 16, 2024 · Truist Trims Price Target on Microchip Technology to $68 From $71, Keeps Hold Rating December 16, 2024 at 07:55 am EST Share This article is reserved for members ...

marketscreener.com

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Microchip Technology, Inc.: Target Price Consensus And Analysts ...

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Jan 7, 2025 · Truist Trims Price Target on Microchip Technology to $68 From $71, Keeps Hold Rating Dec. 16: MT Stifel Trims Price Target on Microchip Technology to $87 From $90 Dec. …

marketscreener.com

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Analysts Predict A $65 Target For Microchip Technology Inc …

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18 hours ago · BofA Securities has recently reduced Microchip Technology Inc (MCHP) stock to Underperform rating, as announced on December 16, 2024, according to Finviz. Earlier, on …

bovnews.com

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2 Chip Stocks To Avoid In Near-term According To Analysts At Truist

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Sep 23, 2024 · Analysts also lowered the price target for MCHP to $80 from $89, aligning with a 24x multiple on the revised 2025 earnings per share (EPS) estimate of $3.33, down from the …

yahoo.com

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Truist Lowers Microchip Stock Outlook, Citing Excess Inventory ...

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Nov 6, 2024 · On Wednesday, Truist Securities updated its stance on Microchip Technology (NASDAQ: MCHP), reducing the price target to $71 from the previous $80, while keeping a …

investing.com

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Truist Trims Price Target On Microchip Technology To $68 From …

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-- Microchip Technology has an average rating of overweight and mean price target of $83.81, according to analysts polled by FactSet. ...

marketscreener.com

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Microchip (MCHP) Gets A Hold From Truist Financial

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Dec 5, 2024 · The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Microchip with a $84.69 average price target, implying a 37.73% upside from current …

businessinsider.com

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Truist Lowered The Target Price Of Microchip Technology To $68.

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Truist:lowered Microchip Technology's Target Price from $71 to $68, maintaining a Hold rating. (Gelonghui)

futunn.com

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Truist Securities Downgrades Microchip Technology (MCHP) - MSN

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Analyst Price Forecast Suggests 24.94% Upside As of August 26, 2024, the average one-year price target for Microchip Technology is $96.30/share. The forecasts range from a low of …

msn.com

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Truist Cuts Microchip As Part Of Semiconductor Sector Downgrade

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Truist downgraded Microchip to Hold from Buy with a price target of $80, down from $89. The firm also downgraded the semiconductor industry to Neutral from Construc...

tipranks.com

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Analog Devices, Microchip Downgraded At Truist On 'peak P/E' …

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Stein also lowered his price target on Microchip to $80 from $89 and cut his fiscal 2025 earnings estimates to $3.33 per share, down from $3.69 per share. Analysts are largely bullish on …

msn.com

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Truist Securities Maintains Microchip Technology (MCHP) Buy ...

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As of April 24, 2023, the average one-year price target for Microchip Technology is 98.38. The forecasts range from a low of 79.79 to a high of $131.25. The forecasts range from a low of …

nasdaq.com

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TD Cowen Adjusts Price Target On Microchip Technology To $56 …

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3 days ago · TD Cowen Adjusts Price Target on Microchip Technology to $56 From $70 ... Truist Trims Price Target on Microchip Technology to $68 From $71, Keeps Hold Rating Dec. 16: MT …

marketscreener.com

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Truist Securities Downgrades Microchip Technology To Hold, …

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Sep 23, 2024 · Truist Securities analyst William Stein downgrades Microchip Technology (NASDAQ:MCHP) from Buy to Hold and lowers the price target from $89 to $80.

sahmcapital.com

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Mizuho Adjusts Price Target On Microchip Technology To $72 …

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5 days ago · -- Microchip Technology has an average rating of overweight and mean price target of $82.76, according to analysts polled by FactSet. Price: 54.69, Change: -1.70, Percent …

marketscreener.com

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KeyBanc Adjusts Microchip Technology's Price Target To $70 From …

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1 day ago · Truist Trims Price Target on Microchip Technology to $68 From $71, Keeps Hold Rating ... Stifel Trims Price Target on Microchip Technology to $87 From $90 Dec. 03: MT …

marketscreener.com

FAQs about Microchip price target lowered to $68 from $71 at Truist Coupon?

Should you buy Microchip Technology (MCHP) in 2024?

This story originally appeared on Fintel. Fintel reports that on September 23, 2024, Truist Securities downgraded their outlook for Microchip Technology (NasdaqGS:MCHP) from Buy to Hold. Analyst Price Forecast Suggests 24.94% Upside As of August 26, 2024, the average one-year price target for Microchip Technology is $96.30/share. ...

What is the average price target for Microchip Technology?

As of August 26, 2024, the average one-year price target for Microchip Technology is $96.30/share. The forecasts range from a low of $75.75 to a high of $110.25. The average price target represents an increase of 24.94% from its latest reported closing price of $77.08 / share. See our leaderboard of companies with the largest price target upside. ...

Is microchip a good stock to buy?

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Microchip with a $84.69 average price target, implying a 37.73% upside from current levels. In a report released on December 3, TD Cowen also assigned a Hold rating to the stock with a $70.00 price target. ...

Should you buy microchip (microchip)?

According to TipRanks, Stein has an average return of 30.6% and a 74.80% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Microchip with a $84.69 average price target, implying a 37.73% upside from current levels. ...

Why was microchip cut?

Microchip was cut for a similar reason, Stein said. "Following recent peak performance in 4CQ21 and subsequent solid double-digit sales growth into early 2023, we now expect MCHP's fundamentals to bottom in 3CQ24 with revenue down 49% y/y and EPS down 73% y/y," he wrote in a note. ...

How many funds own microchip technology (MCHP)?

There are 2,267 funds or institutions reporting positions in Microchip Technology. This is an increase of 49 owner (s) or 2.21% in the last quarter. Average portfolio weight of all funds dedicated to MCHP is 0.37%, an increase of 1.85%. Total shares owned by institutions increased in the last three months by 3.33% to 583,102K shares. ...