Microchip Technology Inc. MCHP, a specialized semiconductor company, reached an agreement Thursday to acquire Microsemi Corporation MSCC, the largest supplier of military and aerospace semiconductor equipment. The deal reinforces Microchip's core strategy and justifies a bullish stance on the stock, according to SunTrust. The Analyst SunTrust Robinson Humphrey's William Stein upgraded Microchip Technology's stock rating from Hold to Buy with a price target boosted from $97 to $108. SourceUpside loses it's force. $MCHP, Microchip Technology Incorporated / D Same here. $MSCC, Microsemi Corporation / D