Microchip Technology (NASDAQ:MCHP) Shares Down 4.8% After Analyst Downgrade
Microchip Technology Incorporated (NASDAQ:MCHP – Get Free Report) dropped 4.8% on Friday after Citigroup lowered their price target on the stock from $65.00 to $50.00. Citigroup currently has a buy rating on the stock. Microchip Technology traded as low as $35.47 and last traded at $36.94. Approximately 3,740,013 shares were traded during trading, a decline […]
Microchip Technology Incorporated (NASDAQ:MCHP – Get Free Report) dropped 4.8% on Friday after Citigroup lowered their price target on the stock from $65.00 to $50.00. Citigroup currently has a buy rating on the stock. Microchip Technology traded as low as $35.47 and last traded at $36.94. Approximately 3,740,013 shares were traded during trading, a decline […]