In the preceding three months, 17 analysts have released ratings for Microchip Technology (NASDAQ:MCHP), presenting a wide array of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 9 | 4 | 4 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 7 | 3 | 4 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $99.76, along with a high estimate of $115.00 and a low estimate of $85.00. This current average reflects an increase of 8.12% from the previous average price target of $92.27.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds...
Login or create a forever free account to read this news
Sign up/Log in