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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject4/26/2002 7:42:46 AM
From: nsumir81  Read Replies (1) of 99280
 
MCHP upgraded based on 'valuation' LOL

Supposedly BASED on valuation we are told. Is this a short in the making?

07:35 ET MCHP Microchip upgraded by Merrill Lynch (43.95)
Merrill Lynch upgrades to near-term STRONG BUY from Buy with a $55 price target; cites valuation, market share gains, and high margins.
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