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Enter Symbol:
Rating: MCHP
Hold
down 4.00 %

Microchip Technology Incorporated (NASDAQ: MCHP) downgraded to Hold by Drexel Hamilton

Monday,  Aug 24, 2015  10:25 AM ET by Dave Ficere

Drexel Hamilton downgraded Microchip Technology Incorporated (NASDAQ: MCHP) to Hold. Previously Drexel Hamilton rated Buy Microchip Technology Incorporated (NASDAQ: MCHP) on 12/12/2013,
when the stock price was $41.97. Since then, Microchip Technology Incorporated's stock price has lost 4% as of 08/24/2015's recent price of $40.22.
If you would have followed the previous Drexel Hamilton's recommendation on MCHP, you would have lost 4% of your investment in 620 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.

Drexel Hamilton



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