Microchip Technology ( NASDAQ:MCHP – Free Report ) had its price target increased by Mizuho from $79.00 to $89.00 in a research note released on Thursday, FlyOnTheWall reports. A number of other analysts have also recently issued reports on the company. Stifel Nicolaus lowered their target price on Microchip Technology from $100.00 to $95.00 in a research note on Friday, May 5th. StockNews.com assumed coverage on Microchip Technology in a report on Thursday, May 18th. They set a buy rating for the company.

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