MICROCHIP TECHNOLOGY INC (MCHP)
US5950171042 - Common Stock
ChartMill assigns a Buy % Consensus number of 79% to MCHP. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 94.98. This target is 1.47% above the current price.
MCHP was analyzed by 31 analysts. The buy percentage consensus is at 79. So analysts seem to be have mildly positive about MCHP.
In the previous month the buy percentage consensus was at a similar level.
MCHP was analyzed by 31 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-04-18 | Stifel | Maintains | Buy -> Buy |
| 2024-04-16 | Evercore ISI Group | Initiate | Outperform |
| 2024-04-08 | Susquehanna | Maintains | Positive -> Positive |
| 2024-03-14 | Stifel | Reiterate | Buy -> Buy |
| 2024-02-05 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2024-02-02 | UBS | Maintains | Buy -> Buy |
| 2024-02-02 | Needham | Maintains | Buy -> Buy |
| 2024-02-02 | Susquehanna | Maintains | Positive -> Positive |
| 2024-02-02 | Stifel | Maintains | Buy -> Buy |
| 2024-02-02 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2024-01-30 | Rosenblatt | Reiterate | Buy -> Buy |
| 2024-01-18 | Wolfe Research | Upgrade | Peer Perform -> Outperform |
| 2024-01-09 | Stifel | Maintains | Buy -> Buy |
| 2024-01-09 | Truist Securities | Maintains | Buy -> Buy |
| 2024-01-04 | Piper Sandler | Downgrade | Overweight -> Neutral |
| 2023-11-08 | Citigroup | Upgrade | Neutral -> Buy |
| 2023-11-03 | Needham | Maintains | Buy -> Buy |
| 2023-11-03 | Keybanc | Maintains | Overweight -> Overweight |
| 2023-11-03 | Susquehanna | Maintains | Positive -> Positive |
| 2023-11-03 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2023-11-03 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2023-10-24 | Susquehanna | Maintains | Positive -> Positive |
| 2023-10-11 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2023-09-20 | Rosenblatt | Reiterate | Buy -> Buy |
| 2023-08-07 | Needham | Reiterate | Buy -> Buy |
| 2023-08-04 | Mizuho | Maintains | Neutral -> Neutral |
| 2023-08-04 | Rosenblatt | Maintains | Buy -> Buy |
| 2023-08-04 | Susquehanna | Maintains | Positive -> Positive |
| 2023-08-04 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2023-08-04 | Morgan Stanley | Maintains | Overweight -> Overweight |