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Micron Technology (MU) Q3 Results 'Solid'

Go back to Micron Technology (MU) Q3 Results 'Solid'

Jefferies Boosts PT on Micron (MU) Post Q3; Sees 50% Upside

June 20, 2013 6:48 AM EDT

Jefferies reiterated a Buy rating and raised its price target on Micron Technology (NASDAQ: MU) from $18 to $21 following Q3 'beat and raise.'

Analyst Sundeep Bajikar comments, "Consistent with our Moore Stress thesis, DRAM and NAND gross margins expanded by ~1,600 bps and ~400... More

Micron Technology, Inc. (MU) Tops Q3 EPS by 2c

June 19, 2013 4:08 PM EDT

Micron Technology, Inc. (NASDAQ: MU) reported Q3 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $2.32 billion versus the consensus estimate of $2.24 billion.

"As the memory market shows improvement in both DRAM and NAND fundamentals,... More