On Dec 03, major Wall Street analysts update their ratings for $Microchip Technology (MCHP.US)$, with price targets ranging from $70 to $90.
Citi analyst Christopher Danely maintains with a buy rating, and maintains the target price at $82.
TD Cowen analyst Joshua Buchalter maintains with a hold rating, and adjusts the target price from $80 to $70.
Needham analyst Quinn Bolton maintains with a buy rating, and maintains the target price at $85.
KeyBanc analyst John Vinh maintains with a buy rating, and sets the target price at $90.
Furthermore, according to the comprehensive report, the opinions of $Microchip Technology (MCHP.US)$'s main analysts recently are as follows:
After an update on its fiscal Q3 outlook, Microchip now anticipates revenue to align closer to the lower end of its initial guidance of $1.025 billion, mainly due to fewer turns orders than expected. Additionally, the interim CEO Steve Sanghi has expressed a readiness to continue in his current role for an extended period, a move seen positively for the company's stability and leadership.
The company has reported anticipated results that might be viewed negatively, indicating that Q3 revenue is expected to align with the lower end of previous forecasts, which was around $1.02 billion compared to a prior expectation of $1.06 billion. This adjustment is primarily attributed to weaker-than-expected turns orders.
Here are the latest investment ratings and price targets for $Microchip Technology (MCHP.US)$ from 4 analysts:
Note:
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美东时间12月3日，多家华尔街大行更新了$微芯科技 (MCHP.US)$的评级，目标价介于70美元至90美元。
花旗分析师Christopher Danely维持买入评级，维持目标价82美元。
TD Cowen分析师Joshua Buchalter维持持有评级，并将目标价从80美元下调至70美元。
Needham分析师Quinn Bolton维持买入评级，维持目标价85美元。
KeyBanc分析师John Vinh维持买入评级，目标价90美元。
此外，综合报道，$微芯科技 (MCHP.US)$近期主要分析师观点如下：
在对其财务第三季度展望进行更新后，Microchip现预计营业收入将更接近其初始指导范围 10.25亿美元的较低端，这主要是由于订单轮次比预期少。此外，代理首席执行官史蒂夫·桑吉表示愿意继续担任目前职务一个较长时期，这一举措对公司的稳定和领导被视为积极。
该公司已报告了可能受负面视为的预期结果，表明第三季度营业收入预计将与先前的预测较低端相符，约10.2亿美元，低于此前10.6亿美元的预期。这一调整主要归因于低于预期的订单轮次。
以下为今日4位分析师对$微芯科技 (MCHP.US)$的最新投资评级及目标价：
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