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Rosenblatt has reiterated a Buy rating on Microchip Technology Incorporated – Preferred Stock (NasdaqGS:MCHPP) as of December 3, 2025. The average one-year price target for the stock is $71.92, indicating a potential upside of 35.33% from its latest closing price of $53.14.
Currently, 137 funds report positions in MCHPP, reflecting a 4.58% increase in the last quarter. Institutional ownership has decreased by 4.47% to 52,238K shares. Notably, Capital International Investors increased its holdings by 3.49% to 13,004K shares, while Voya Investment Management decreased its shares by 1.12% to 4,703K shares.
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