Citigroup analyst Christopher Danely maintains Microchip Technology (NASDAQ:MCHP) with a Neutral and raises the price target from $62 to $74.
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U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite edging higher on Friday.
The Dow traded up 0.10% to 34,535.92 while the NASDAQ rose 0.02% to 13,751.67. The S&P 500, also rose, gaining, 0.05% to 4,453.21.