Truist Financial Cuts Microchip Technology (NASDAQ:MCHP) Price Target to $43.00

Microchip Technology (NASDAQ:MCHP – Get Free Report) had its price target lowered by equities research analysts at Truist Financial from $56.00 to $43.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the semiconductor company’s stock. Truist Financial’s price objective would indicate a potential upside of 6.73% from […]