BofA Upgrades Microchip to Buy, Sees More Upside Ahead
BofA analyst upgrades Microchip to Buy, raises price target to $95, citing inventory recovery, growth markets, and higher earnings forecasts.
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BofA analyst upgrades Microchip to Buy, raises price target to $95, citing inventory recovery, growth markets, and higher earnings forecasts.
Microchip Technology raises Q3 fiscal 2026 sales forecast to $1.19B, beating estimates as semiconductor maker sees broad recovery across markets and strong bookings.