Microchip Technology (NASDAQ:MCHP) Upgraded by Wall Street Zen to "Buy" Rating

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Wall Street Zen has upgraded Microchip Technology (NASDAQ:MCHP) from a “hold” to a “buy” rating. The semiconductor company recently topped EPS expectations and reported a 15.6% year-over-year revenue increase, with positive Q4 2026 guidance. Despite a negative net margin, analysts have a consensus “Moderate Buy” rating for MCHP.

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