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Fly News Breaks for February 5, 2020
MCHP
Feb 5, 2020 | 07:40 EDT
Credit Suisse analyst John Pitzer raised his price target for Microchip to $130 from $110 following quarterly results. While not cheap, the analyst sees "significant" EPS upside as the company deleverages. He has an Outperform rating on the shares.
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