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MCHPBearishAnalyst Target Updateanalyst
High materiality7/10

Microchip price target lowered to $90 from $105 at Truist

Aug 7, 2026, 1:01 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

bearish

AI summary

What happened, with direct paths to the underlying reporting

Truist Financial lowers MCHP target to $90 from $105; current price $84.81. Bearish setup indicated by target cut.

  • Target: $90 (down from $105); price: $84.81; Firm: Truist Financial

Key facts

  1. 01

    Target: $90

  2. 02

    Posted price: $84.81

  3. 03

    Analyst firm: Truist Financial

How to read this signal

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