From Yahoo Finance: 2025-05-10 11:05:00

Stifel analyst Tore Svanberg raised Microchip’s price target to $70 from $60, maintaining a Buy rating after strong fiscal Q4 results. The fiscal Q1 outlook exceeded expectations, and management updated its “Nine Point Recovery Plan.” The firm sees Microchip making positive changes with immediate and long-term benefits.

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Read more at Yahoo Finance: Microchip price target raised to $70 from $60 at Stifel