Wells Fargo & Company Issues Pessimistic Forecast for Microchip Technology (NASDAQ:MCHP) Stock Price

Wells Fargo & Company lowered their price objective on Microchip Technology from $88.00 to $80.00 and set an "equal weight" rating on the stock in a report on Tuesday.

MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.marketbeat.com)