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:
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美東時間12月3日，多家華爾街大行更新了$微芯科技 (MCHP.US)$的評級，目標價介於70美元至90美元。
花旗分析師Christopher Danely維持買入評級，維持目標價82美元。
TD Cowen分析師Joshua Buchalter維持持有評級，並將目標價從80美元下調至70美元。
Needham分析師Quinn Bolton維持買入評級，維持目標價85美元。
KeyBanc分析師John Vinh維持買入評級，目標價90美元。
此外，綜合報道，$微芯科技 (MCHP.US)$近期主要分析師觀點如下：
在對其財務第三季度展望進行更新後，Microchip現在預計營業收入將更接近於其初始指導的10.25億美元的下限，這主要是因爲訂單轉換比預期少。此外，臨時CEO Steve Sanghi表示願意繼續在他目前的角色中繼續輔導更長一段時間，這一舉動對公司的穩定性和領導能力來說被視爲積極的。
該公司已經報告了一些可能被視爲負面的預期結果，表明第三季度的營業收入預計將與之前預測的下限持平，大約在10.2億美元左右，而之前的預期是10.6億美元。這一調整主要歸因於低於預期的訂單轉換。
以下爲今日4位分析師對$微芯科技 (MCHP.US)$的最新投資評級及目標價：
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