Microchip (MCHP) stock gets $90 target lift from Stifel — what to watch after the U.S. market holiday
New York, Jan 18, 2026, 19:14 EST — Market closed Microchip Technology Incorporated shares ended Friday 25 cents higher, a 0.3% gain, closing at $74.70. Tore Svanberg of Stifel bumped the price target to $90 from $80, keeping a buy rating intact. Stifel described Microchip as a “highly diversified, high-performance analog and embedded computing business model.” The updated target implies roughly 20% upside from Friday’s close.