Microchip Technology Inc
MCHP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| qjS | LOCK|!>c | LOCK|tHrx@! |
Microchip: Business Update Comments and Long-Term Financial Targets Appear Sensible to Us
We maintain our $63 fair value estimate for wide-moat Microchip Technology, as we were generally encouraged with the content of its business update call. Shares appear fairly valued to us.
