Notable Upgrades: Microchip Technology (MCHP), Apple (AAPL), Skyworks Solutions (SWKS), Applied Materials (AMAT)

Analysts at Morgan Stanley (MS) are out with a report this morning upgrading shares of Microchip Technology Inc. (MCHP) with an ‘Overweight’ from ‘Equal-Weight’ rating. Microchip Technology Inc. shares are currently priced at 23.83x this year’s forecasted earnings, compared to the industry’s 8.77x earnings multiple. Ticker has a forward P/E of 14.04 and a t-12 […] View the full post at: Notable Upgrades: Microchip Technology (MCHP), Apple (AAPL), Skyworks Solutions (SWKS), Applied Materials (AMAT) Related posts: AMAT Outperforms in Each Category Skyworks (SWKS) Booms with Wireless Connectivity Apple’s (AAPL) Short Interest Nosedives