Micron Technology, Inc. (MU) Posts Q4 EPS of $1.51
- Shares jump on tech boost; fragile yen on intervention watch
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla, AT&T, Biogen and Hasbro rise premarket; Uber, Enphase fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Micron (MU) Moore Stress Structural Changes are Permanent, Buy on Weakness - Jefferies
October 14, 2013 7:14 AM EDTJefferies analyst Sundeep Bajikar reiterated a Buy rating and $30 price target on Micron Technology (NASDAQ: MU) Monday saying Moore Stress structural changes are permanent.
"Based on our analysis of HDD consolidation using the Herfindahl-Hirschman Index (HHI), we believe structural changes that... More
Micron (MU) Price Target Lifted to $30 at Jefferies
October 11, 2013 9:18 AM EDTJefferies analyst Sundeep Bajikar boosted his price tareget on Micron Technology (NASDAQ: MU) from $25 to $30 on Friday following strong Q4 results after the close.
"One month of Elpida contributed ~20% of Micron's consolidated operating income in C3Q13, and we expect Elpida's... More
Wells Fargo Downgrades Micron Technology (MU) to Underperform
October 11, 2013 7:03 AM EDTWells Fargo downgraded Micron Technology (NASDAQ: MU) from Market Perform to Underperform but raises its valuation range to $14.00 to $17.00 from $11.00 to $14.00 and FY2014 EPS estimate to $1.24 from a prior $1.00. The downgrade comes on valuation and follows Micron's first report following the Elpida acquisition.... More
Micron (MU) Post Strong Q4 Results on Fire Impact; 2 More Qtrs to Go - RBC Capital
October 11, 2013 6:48 AM EDTRBC Capital analyst Doug Freedman reiterated an Outperform rating and $19 price target on Micron Technology (NASDAQ: MU) following strong Q4 results after the close.
Highlighting positives in the quarter, Freedman notes:
i) OpEx in NovQ lower than expected as result of work force reduction; ii) cash tax rate to be lower than expected at low-single-digits; iii) DRAM... More