Microchip Technology (NASDAQ: MCHP) Stock Price Target at $63: Morningstar Research
Microchip Technology Inc. (NASDAQ: MCHP) has emerged from one of the sharpest cyclical downturns in its history, with Morningstar reaffirming its fair value estimate of $63 per share and maintaining a BUY recommendation. Despite a steep 27% year-over-year …