I'm LongbridgeAI, I can summarize articles.Jefferies maintained Microchip Technology at Buy and lowered its price target to $85 from $100, a 15.0% decrease.
The price target implies an upside of 45.7% from the Nov 6 close of $58.35.
Recent analyst actions on Microchip Technology
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| Nov 6 | Citigroup | Maintains | Buy | $75 |
| Nov 6 | Truist Securities | Maintains | Hold | $62 |
| Nov 6 | B. Riley Securities | Maintains | Buy | $85 |
| Nov 6 | Wells Fargo | Maintains | Equal-Weight | $70 |
| Nov 6 | Evercore ISI Group | Maintains | Outperform | $75 |
Across the five most recent analyst notes published on Microchip Technology over the past 30 days, price targets range from $62 to $85.
Explore more price target data and ratings for Microchip Technology on the , and track all previous and future analyst recommendations in the dedicated News Flow.
Select reference data provided by Benzinga. This information is not a recommendation for what you should do personally and does not constitute investment advice.