Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Microchip upgraded to Strong Buy at Needham; tgt raised to $100 (69.62)Needham upgrades MCHP to Strong Buy from Buy and raises their tgt to $100 from $75. When they upgraded MCHP to Buy on 1/14/16 (stock is up 81% vs SOX of 48% over same period), firm was constructive on mgmt's ability to integrate Atmel and generate synergies. Throughout the year, MCHP has significantly increased its accretion targets to $0.90 vs $0.70 in FY18 and $1.00 vs $0.90 in FY19. Moreover, MCHP has raised its LT model to 60% GM, 24% OPEX and 36% OM. As such, firm is now modeling $5 of NonGAAP EPS and FCF margin of ~30%. <strong>They believe MCHP deserves at least P/E 20x = $100 PT.</strong> From a strategic perspective, MCHP has gained market share in 8-Bit and 32-Bit MCUs, the attach rates of analog to MCUs has grown substantially and MCHP is well positioned in IoT, Automotive, and Industrial. Analog specifically is on track to generate $1B in sales.</td> </tr></table>"