α52 isn't mobile-compatible yet. It's recommended to use a desktop or laptop.
α52
Alpha 52
Where AI meets Quant
MCHP
52.57
+ 1.43%
Signal: -53.3
Recovering
Microchip Technology Incorporated
Semiconductors

News Sentiment

59m ago
Bullish 45%
Bearish 55%

News Summary

Wall Street analysts consider the company one of the best stocks to buy in its index. However, following its third-quarter earnings beat, Truist Securities adopted a cautious stance. The firm lowered its price target significantly from $64 to $60 and maintained a Hold rating on the shares. This decision was driven by the company's fourth-quarter guidance, which fell below market consensus. The analysis suggests using quantitative methods to evaluate the stock's potential for a breakout, indicating a mixed but cautious outlook from a key analyst.
Home Stock Model Insights
Support expand_more