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Why Microchip Technology (MCHP) Shares Are Getting Obliterated Today
Shares of analog chipmaker Microchip Technology (NASDAQ:MCHP) fell 7% in the morning session after the company reported ...
Why Microchip would rather borrow money to pay its high dividend than cut it
Excluding nonrecurring items, such as restructuring costs and the effects of share-based compensation, adjusted earning per share of 20 cents missed the FactSet consensus of 27 cents. The margin of ...
Piper Sandler cuts Microchip stock target to $65, keeps overweight
Piper Sandler adjusted its outlook on Microchip Technology (NASDAQ:MCHP) shares, reducing the price target to $65 from the previous $85 while maintaining an Overweight rating on the stock. The firm's ...