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On November 7, 2025, Truist Securities maintained a Hold recommendation for Microchip Technology Incorporated – Preferred Stock (NasdaqGS: MCHPP). As of October 30, 2025, the average one-year price target for MCHPP is $72.00 per share, indicating a potential upside of 35.51% from its recent closing price of $53.13.
Institutional interest in MCHPP has grown, with 138 funds reporting positions, a 12.20% increase from the previous quarter. Total shares owned by these institutions rose by 7.70% to 53,445,000 shares. Notable institutional changes include Capital International Investors, which increased its holdings by 0.90% to 12,550,000 shares, and Voya Investment Management, which decreased its position by 1.12% to 4,703,000 shares.
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