Micron (MU) Target Raised at Needham & Company; Sees 67% Upside
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Micron (MU) Weaker on Chatter
April 4, 2014 11:08 AM EDTAfter starting strong this morning on solid Q2 results, shares of Micron Technology, Inc. (NASDAQ: MU) are now down 1.7%. There are rumors going around that David Einhorn's Greenlight Capital selling large chucks of its position.
Micron (MU) Price Target Raised to $27 at Topeka Capital
April 4, 2014 9:53 AM EDTTopeka Capital maintained a Hold rating on Micron Technology (NASDAQ: MU) and raised its price target to $27.00 (from $25.00).
Analyst Suji De Silva said, "Micron Technology reported FY2Q14 (Feb.) revenue ahead of consensus with upside driven by... More
Goldman Sachs Comments on Micron (MU) Q2 Results
April 4, 2014 8:23 AM EDTGoldman Sachs maintained a Neutral rating on Micron Technology (NASDAQ: MU) and raised its price target to $18.00 (from $17.00). Comments follow Q2 results. In the view of analyst Mark Delaney, margins are key for the stock.
"We maintain our Neutral rating, and we believe the quarter will allow... More
Piper Jaffray Assumes Coverage of Micron Technology (MU) at Overweight
April 4, 2014 6:19 AM EDTPiper Jaffray assumes coverage on Micron Technology (NASDAQ: MU) with a Overweight rating and a price target of $30 following Q2 results after the close that beat on the top and bottom line.
Analyst Ruben Roy commented, "Micron's F2Q14 results beat estimates on revenues of $4.1B (consensus: $4B) and... More
Jefferies Boosts PT on Micron (MU) to $32; Strong DRAM Profitability Expected to Continue
April 4, 2014 6:09 AM EDTJefferies affirms its Buy rating on Micron Technology (Nasdaq: MU) and moves its price target from $30 up to $32 following Q2 results.
Analyst Sundeep Bajikar noted that Micron's numbers came in flat with the firm's thesis, with DRAM gross margins coming in about 4,000... More
Micron Technology (MU) Sees Q3 DRAM Bit Production, ASP Down Low-Single Digit Range
April 3, 2014 4:31 PM EDTMicron Technology, Inc. (Nadaq: MU) sees:Q3 total DRAM cost/bit down low-single-digit range;
Total DRAM ASP down low-single-digit range; and
DRAM bit production down low-single digit range
... MoreMicron Technology, Inc. (MU) Tops Q2 EPS by 11c
April 3, 2014 4:04 PM EDTMicron Technology, Inc. (NASDAQ: MU) reported Q2 EPS of $0.85, $0.11 better than the analyst estimate of $0.74. Revenue for the quarter came in at $4.11 billion versus the consensus estimate of $3.98 billion.
Revenues from sales of DRAM products were essentially unchanged in the second quarter... More
