TeckYong
2021-10-15
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Analysts See Ample Upside In Microchip Technology
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Mobley reiterated an Equal Weight rating.</p></li>\n <li><p><b>Price Action:</b>MCHP shares traded higher by 1.80% at $71.51 on the last check Thursday.</p></li>\n</ul>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Analysts See Ample Upside In Microchip Technology</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnalysts See Ample Upside In Microchip Technology\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 11:01 GMT+8 <a href=https://finance.yahoo.com/news/analysts-see-ample-upside-microchip-141435637.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stifel analyst Tore Svanberginitiated coverage of Microchip Technology Inc(NASDAQ:MCHP) with a Hold rating and a $76 Price Target, implying an 6% upside.\nWith the shares up 156% from the pandemic lows...</p>\n\n<a href=\"https://finance.yahoo.com/news/analysts-see-ample-upside-microchip-141435637.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MCHP":"微芯科技"},"source_url":"https://finance.yahoo.com/news/analysts-see-ample-upside-microchip-141435637.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152051981","content_text":"Stifel analyst Tore Svanberginitiated coverage of Microchip Technology Inc(NASDAQ:MCHP) with a Hold rating and a $76 Price Target, implying an 6% upside.\nWith the shares up 156% from the pandemic lows, the analyst believes Microchip's \"recent strong execution\" is already largely priced into the stock.\nFurther, the company's \"large exposure to broad-based markets and very extended lead-times\" could leave it more exposed to a potentially \"lead-time-driven correction in the overall analog/mixed-signal semiconductor markets,\" Svanberg notes.\nMorgan Stanley maintained an Overweight and adjusted the PT to $95, implying a 33% upside.\nUBS analyst Pradeep Ramani initiated coverage with a Neutral rating and a $154 PT, implying a 115% upside.\nThe company is a \"consistent late-cycle defensive name,\" Ramani notes.\nHe would recommend that investors wait until later in the cycle.\nWells Fargo analyst Gary Mobley lowered the price target to $155 from $165, implying a 117% upside. 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