Microchip Technology (NASDAQ:MCHP) Stock Price Down 4.8% on Analyst Downgrade
Microchip Technology Incorporated (NASDAQ:MCHP – Get Free Report)’s share price fell 4.8% during mid-day trading 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. 3,740,013 shares changed hands […]
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