Posts for Ticker ‘MCHP’

Top Analyst Upgrades & Downgrades (BIDU, CERN, CLF, DE, DIET, LDK, MRVL, MCHP, NVO, YSI)

These are the top pre-market analyst upgrades and downgrades we have seen early this Tuesday morning with about two hours until the market opens

Baidu.com (NASDAQ: BIDU) Started as Buy at Deutsche Bank.
Cerner (NASDAQ: CERN) Cut to Hold at Auriga.
Cliffs Natural Resources (NYSE: CLF) Raised to Outperform at FBR.
Deere (NYSE: DE) Started as Buy at Jefferies.
eDiets (NASDAQ: DIET) Cut to Hold at Canaccord.
LDK Solar (NYSE: LDK) Cut to EqualWeight at Morgan Stanley.
Marvell Tech (NASDAQ: MRVL) Started as BUy at Deutsche Bank.
Microchip Tech (NASDAQ: MCHP) Raised to Overweight at Thomas Weisel.
Novo Nodisk (NYSE: NVO) Raised to Hold at Citigroup.
U-Sture-It Trust (NYSE: YSI) Raised to Outperform at Baird.

Jon C. Ogg
March 24, 2009

Posted on: March 24, 2009 – 6:49 am in Analyst Calls, , , , , , , , , ,

One Last Day of Chip Earnings (BRCM, IDTI, KLAC, MXIM, MCHP, PMCS, RMBS, VSEA)

Semiconductor_imageFor those who have felt that this earnings season was one of the more dismal moments for technology, today should mostly mark the end for the semiconductor companies and related stocks.  Not entirely, but mostly.  On deck after the close are Broadcom Corp. (NASDAQ: BRCM), Integrated Device Technology Inc. (NASDAQ: IDTI), KLA-Tencor Corporation (NASDAQ: KLAC), Maxim Integrated Products Inc. (NASDAQ: MXIM), Microchip Technology Inc. (NASDAQ: MCHP), PMC-Sierra Inc. (NASDAQ: PMCS), Rambus Inc. (NASDAQ: RMBS), and Varian Semiconductor Equipment Associates Inc. (NASDAQ: VSEA).

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Posted on: January 29, 2009 – 1:51 pm in Earnings, Semiconductor, , , , , , , ,

Top Pre-Market Analyst Upgrades (BBY, CB, DVA, DFT, FCX, FMS, MWE, MCHP, WFT)

Money_stack_picThese are some of the top per-market analyst upgrades and positive calls we are seeing from Wall Street this Thursday morning:

  • Best Buy (BBY) Raised to Overweight at Barclays.
  • Chubb (CB) Raised to Buy at Bank of America-Merrill Lynch.
  • DaVita (DVA) Started as Outperform at RBC.
  • Dupont Fabros Tech (DFT) Raised to Buy at UBS.
  • Freeport McMorRan (FCX) Raised to Hold at Canccord.
  • Fresenius Medical (FMS) Started as Outperform at RBC.
  • MarkWest Energy (MWE) Raised to Outperform at Morgan Keegan.
  • Microchip Tech (MCHP) Raised to Overweight at Barclays.
  • Weatherford (WFT) Raised to Overweight at JPMorgan.

Jon C. Ogg
January 29, 2009

Posted on: January 29, 2009 – 7:48 am in Analyst Calls, , , , , , , , ,

Top Pre-Market Analyst Upgrades (BIDU, BBY, CLX, DO, DD, MCHP, SOHU, WFT, STJ, SUNH)

Money_stack_picThese are some of the top pre-market analyst upgrades and positive research calls we are seeing from Wall Street this Wednesday morning:

  • Baidu.com (BIDU) Started as Outperform at Bernstein.
  • Best Buy (BBY) Raised to Overweight at Barclays.
  • Clorox (CLX) Raised to Hold at Citigroup.
  • Diamond Offshore (DO) Raised to Buy at Goldman Sachs.
  • DuPont (DD) Started as Outperform at Credit Suisse.
  • Microchip Tech (MCHP) Raised to Overweight at Barclays.
  • Sohu.com (SOHU) Started as Outperform at Bernstein.
  • Weatherford (WFT) Raised to Overweight at JPMorgan.
  • St. Jude Medical (STJ) Raised to Outperform at William Blair.
  • Sun Healthcare (SUNH) Raised to Buy at Citigroup; Started as Outperform at RBC.

Jon C. Ogg
January 28, 2009

Posted on: January 28, 2009 – 8:34 am in Analyst Calls, , , , , , , , , ,

Top Pre-Market Analyst Downgrades (AHII, NILE, FOSL, HNT, HSNI, IPCS, LPX, MCHP, PALM, PPCO, RJF, PCU)

Down_arrow_redThese are some of the top pre-market analyst downgrades we are seeing this Wednesday morning with more than two hours until the market opens:

  • Animal Health (AHII) Cut to Neutral at Piper Jaffray.
  • Blue Nile (NILE) Cut to Underweight at JPMorgan.
  • Fossil (FOSL) Cut to Underweight at JPMorgan.
  • Health Net (HNT) Cut to Hold at Deutsche Bank.
  • HSN (HSNI) Started as Underweight at JPMorgan.
  • IPCS (IPCS) Cut to Hold at Jefferies.
  • Louisiana-Pacific (LPX) Cut to Neutral at Banc of America.
  • Microchip Technology (MCHP) Cut to Sell at Goldman Sachs.
  • Palm (PALM) Cut to Market Perform at Morgan Keegan.
  • Penwest Pharmaceuticals (PPCO) Cut to Neutral at Baird.
  • Raymond James Financial (RJF) Cut to Underperform at Wachovia.
  • Southern Copper (PCU) Cut to Sell at Deutsche Bank.

Jon C. Ogg
November 5, 2008

Posted on: November 5, 2008 – 7:40 am in Analyst Calls, , , , , , , , , , , ,

Atmel Merger Odd, But Proves Mergers Still Possible (ATML, MCHP, ONNN)

Atmel_logoAtmel Corporation (NASDAQ: ATML) is going to be trading up big this morning.  Shares are currently halted on the news that Microchip Technology Incorporated (NASDAQ: MCHP) and ON Semiconductor Corporation (NASDAQ: ONNN) have sent a proposal to Atmel to acquire the company for $5.00 per share in cash.

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Posted on: October 2, 2008 – 8:27 am in Mergers and Buy Outs, Semiconductor, , ,

Top Pre-Market Analyst Upgrades (ACE, AUTH, CMCSA, IFX, LLTC, MCHP, SOLF, HOT)

These are not all of the upgrades and positive analyst calls affecting shares, but these are some of the calls impacting shares pre-market this Thursday morning:

  • Ace Limited (NYSE: ACE) Raised to Buy from Hold at Citigroup.
  • AuthenTec (NASDAQ: AUTH) Started as Overweight at JPMorgan.
  • Comcast (NASDAQ: CMCSA) raised to Buy at Goldman Sachs.
  • Infineon Tech (NYSE: IFX) Started as Buy at Jefferies.
  • Linear Tech (NASDAQ: LLTC) Raised to Buy from Neutral at UBS.
  • Microchip Technology (NASDAQ: MCHP) Raised to Buy from Neutral at UBS.
  • Solarfun Power (NASDAQ: SOLF) Started as Buy at Jefferies.
  • Starwood Hotels & Resorts (NYSE: HOT) Raised to Outperform at Wachovia.

Jon C. Ogg
July 17, 2008

Posted on: July 17, 2008 – 6:51 am in Analyst Calls, , , , , , , ,

Top 10 Pre-Market Analyst Calls (AA, ACAS, NLY, ARRS, BYD, CCJ, INTU, ISRG, MCHP, PETM)

These are ten of the analyst calls we are focusing on this Wednesday morning in the early pre-market hours:

  • Alcoa (NYSE: AA) cut to Neutral at JP Morgan.
  • American Capital (NASDAQ: ACAS) started as Neutral at Robert W. Baird.
  • Annaly Mortgage (NYSE: NLY) cut to Neutral at JPMorgan.
  • Arris (NASDAQ: ARRS) cut to Perform at Oppenheimer.
  • Boyd Gaming (NYSE: BYD) raised to Neutral at Banc of America.
  • Cameco (NYSE: CCJ) raised to Buy at UBS.
  • Intuit (NASDAQ: INTU) started as Neutral at Goldman Sachs.
  • Intuitive Surgical (NASDAQ: ISRG) started as Outperform at William Blair.
  • Microchip (NASDAQ: MCHP) cut to Neutral at JPMorgan.
  • PETsMART (NASDAQ: PETM) raised to Overweight at JPMorgan.

Jon C. Ogg
June 11, 2008

Posted on: June 11, 2008 – 6:31 am in Analyst Calls, , , , , , , , , ,

Key Tech Upgrades & Downgrades (AMCC, CTXS, SCOR, EBAY, FFIV, GRMN, LSI, MFE, MCHP, OMTR, SONS, SYMC, THQI, WDC)

Below are some of the key upgrades and downgrades from Wall Street analysts seen in the technology sectors this morning:

  • Applied Micro (AMCC) raised estimates at Goldman Sachs.
  • Citrix Systems (CTXS) raised estimates at Goldman Sachs.
  • comScore (SCOR) started as Outperform at Oppenheimer.
  • eBay (EBAY) downgraded to Hold from Buy at Citigroup (thanks for that timely call Citi, they might get the most useless call of the week); maintained buy but target lowered to $38 at Goldman Sachs.
  • F5 Networks (FFIV) raised to Outperform at Baird.
  • Garmin (GRMN) raised to Outperform at Oppenheimer.
  • LSI (LSI) raised estimates at Goldman Sachs.
  • McAfee (MFE) raised to Buy at Citigroup; raised to Outperform at Bear Stearns.
  • Microchip Tech (MCHP) raised to Outperform at Morgan Keegan.
  • Omniture (OMTR) started as Outperform at Oppenheimer.
  • Sonus Networks (SONS) raised to Buy at Cantor Fitzgerald.
  • Symantec (SYMC) raised estimates at Goldman Sachs.
  • THQ Inc. (THQI) downgraded to Sell at Broadpoint.
  • Western Digital (WDC) raised to Buy at Deutsche Bank; estimates raised at Goldman Sachs.

Jon C. Ogg
January 24, 2008

Posted on: January 24, 2008 – 8:02 am in Analyst Calls, Technology Companies, , , , , , , , , , , , , ,

Short Interest: NASDAQ Semiconductor Stocks (June, 2007)

Stock Tickers: QQQQ, NVDA, MXIM, AMAT, INTC, KLAC, MCHP, SNDK, ISIL, ALTR, ATML, LLTC, NVLS, ONNN, XLNX, IDTI

This pretty much confirms the rise in the June-2007 short interest of NYSE-listed chip stocks that we observed last week.  Here is the short interest for June 2007 versus May 2007, and we noted the change on each.

Stock (Ticker)                                          June        May    Change
NVIDIA (NVDA)                                        20.7M    11.7M    +76.5%
Maxim Integrated Prod. (MXIM)            11.9M    9.16M    +29.8%
Applied Materials (AMAT)                        53M    41.59M   +27.48%
Intel (INTC)                                            100.1M    81.2M    +23.3%
KLA-Tencor (KLAC)                              21.14M    17.1M    +23.2%
Microchip Tech.    (MCHP)                     8.77M    7.64M    +14.8%
SanDisk (SNDK)                                   24.57M   21.58M   +13.9%   
Intersil Corp. (ISIL)                                 7.86M     7.76M     +1.2%
Altera (ALTR)                                           22.1M     21.9M     +1%
Atmel (ATML)                                           10.6M     9.70M     +9.9%
Linear Tech (LLTC)                                18.4M     18.4M      flat
Novellus (NVLS)                                     15.1M      15.3M     -1.1%
ON Semiconductor (ONNN)                 24.1M      25.5M    -5.7%
RAMBUS (RMBS)                                               7.62M        8.27M      -7.9%
Xilinx (XLNX)                                           21.28M    23.9M      -10.9%
Integrated Device Tech. (IDTI)              4.27M     5.56M     -23%

The NASDAQ 100 Trust (QQQQ) saw its short interest rise more than 26%, with its short interest carried at 197.6 million shares in June compared to 156.6 million in May.

Jon C. Ogg
June 27, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: June 27, 2007 – 3:45 am in Semiconductor, Short Interest, , , , , , , , , , , , , , , , ,

Earlybird Analyst Calls (June 19, 2007)

ACLI cut to Hold at Deutsche Bank.
ACOR raised to Buy at B of A.
AGO cut to Underweight at JPMorgan.
ANAD started as Buy at Oppenheimer.
ANET cut to Neutral at Baird.
ATHR started as Buy at Oppenheimer.
AV cut to Mkt Perform at JMP Securities.
BAC raised to Buy at UBS.
BEAS cut to Neutral at UBS.
CHD started as Buy at Sun Trust Robinson Humphrey.
CI raised to Neutral at B of A.
EGLE started as Neutral at JPMorgan.
EPIC started as Buy at Sun Trust Robinson Humphrey.
GNK started as Overweight at JPMorgan.
GNTX raised to Buy at B of A.
KNX raised to Outperform at Wachovia.
LCC raised to Neutral at UBS.
MCHP cut to Mkt Perform at Piper Jaffray.
QMAR started as Neutral at JPMorgan.
SDXC started as Buy at Kaufman Bros.
SKH started as Buy at Jefferies.
SRE raised to Buy at Citigroup.
TZIX started as Buy at Deutsche Bank.
WERN raised to Outperform at Wachovia.
YRCW cut to Mkt Perform at Wachovia.

Jon C. Ogg
June 19, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: June 19, 2007 – 6:20 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , , , , , ,