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.
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.