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Analyst Actions

B. Riley Securities Maintains Buy on Microchip Technology, Lowers Price Target to $98

Oct 22, 2026 · 12:56 PM ET· updated 20h ago

B. Riley Securities analyst Craig Ellis maintains Microchip Technology (NASDAQ:MCHP) with a Buy and lowers the price target from $108 to $98.

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Why It Matters

An analyst still likes Microchip Technology but thinks its stock might be worth less money soon. This helps you see that experts think the company is still good, but prices might need to adjust down.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.