Micron Technology (MU) Q3 Results 'Solid'
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Jefferies Boosts PT on Micron (MU) Post Q3; Sees 50% Upside
June 20, 2013 6:48 AM EDTJefferies 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 EDTMicron 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