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Enter Symbol:
 
Microchip Technology Incorporated (MCHP) [hlAlert]

Rating:
Buy MCHP
up 15.26 %

Microchip Technology Incorporated (MCHP) rated Buy with price target $44 by Longbow

Posted on: Friday,  Mar 30, 2012  9:25 AM ET by Longbow

Longbow rated Buy Microchip Technology Incorporated (NASDAQ: MCHP) on 03/30/2012, when the stock price was $37.07. Since
then, Microchip Technology Incorporated has gained 15.27% as of 01/15/2016's recent price of $42.73.
If you would have followed this Longbow's recommendation on MCHP, you would have gained 15.26% of your investment in 1386 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.

Longbow Research is an independent institutional equity research firm based in Cleveland, OH. We provide bottom up fundamental research to over 200 institutional accounts throughout the U.S. and Canada. Our coverage list consists primarily of mid-cap NYSE-listed names, although we also cover a substantial list of small and large cap companies. Our sector focus is on basic materials, industrial, consumer, technology, health care and consumer/business services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/30/2012 9:25 AM Buy
None
37.07 44.00
as of 12/31/2012
1 Week up  0.09 %
1 Month up  7.13 %
3 Months down  -0.45 %
1 YTD down  -12.08 %

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