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Microchip Technology Incorporated (MCHP) [hlAlert]

Rating:
Hold MCHP
up 2.36 %

Microchip Technology Incorporated (MCHP) rated Hold

Posted on: Wednesday,  Oct 10, 2007  9:25 AM ET by Lehman Brothers

Lehman Brothers rated Hold Microchip Technology Incorporated (NASDAQ: MCHP) on 10/10/2007. Previously Lehman Brothers rated Sell Microchip Technology Incorporated (NASDAQ: MCHP) on
10/09/2007., when the stock price was $32.95. Since then, Microchip Technology Incorporated has lost 2.31% as of 10/10/2007's recent price of $32.19.
If you would have followed the previous Lehman Brothers's recommendation on MCHP, you would have gained 2.36% of your investment in 1 days.

Microchip Technology, Inc. develops and manufactures specialized semiconductor products used by its customers for a wide variety of embedded control applications. Its product portfolio comprises microcontrollers; application-specific standard products; and related mixed-signal and memory products. The company markets its products to the consumer, automotive, office automation, communications andindustrial markets.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/10/2007 9:25 AM Hold
None
32.19
as of 12/24/2008
1 Week down  -3.72 %
1 Month up  5.85 %
3 Months up  29.28 %
1 YTD up  13.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/9/2007 11:25 AM Sell
None
32.95 34.00

(*) Stock Price at the time of the recommendation.
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