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Fly News Breaks for February 22, 2019
MCHP
Feb 22, 2019 | 08:37 EDT
Cowen analyst Matthew Ramsay initiated Microchip with a Market Perform rating as its shares are already trading at a premium to peers and he believes the downside risks are larger than the upside potential. Ramsay has a $90 price target on Microchip shares.