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Rating: MCHP
Buy $56
up 19.00 %

Microchip Technology Incorporated (NASDAQ: MCHP) reiterated to Buy with price target $56 by Stifel

Friday,  Jan 31, 2014  10:25 AM ET by Lynn Gilbert

Stifel reiterated Microchip Technology Incorporated (NASDAQ: MCHP) to Buy with price target $56. Previously, Stifel rated Microchip Technology Incorporated (NASDAQ: MCHP) to Buy with price
target $50 on 06/04/2013, when the stock price was valued at $37.87. Since then, Microchip Technology Incorporated's stock price has gained 19% as of 01/31/2014's recent price of $44.96.
If you had followed Stifel's previous recommendation on MCHP, you would have gained 19% of your investment in 241 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.

Stifel



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