Micron Technology, Inc. to Issue Second Quarter Fiscal 2015 Results on April 1
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Go back to Micron Technology, Inc. to Issue Second Quarter Fiscal 2015 Results on April 1
April 1, 2015 3:16 PM EDT
Micron Technology (NASDAQ: MU) is flat ahead of Q2 earning after the close. Analysts on average are looking the company to post EPS of $0.75 on revenues of $4.16 billion, representing a YoY decline of 14% and a gain of 1%, respectively. Notably, a number of analysts... More
March 31, 2015 9:17 AM EDT
Deutsche Bank maintained a Buy rating on Micron Technology (NASDAQ: MU) with a price target of $40. Comments come ahead of its Q2 results on Wednesday. Analyst Sidney Ho sees some risk to estimates due to DRAM prices.
"Our F2Q (Feb) rev estimate of $4.20bn is in line with consensus of $4.16bn and cos guidance of $4.10-4.30bn. We see some downside risks to our estimates due to weak... More
March 31, 2015 7:01 AM EDT
Wedbush analyst Betsy Van Hees lowered her price target on Micron Technology (NASDAQ: MU) to $35.00 (from $40.00) but reiterated an Outperform rating saying downside risk appear limited and the stock remains a 2nd-half story.
Van Hess commented, "We are reducing our estimates and PT on Micron (MU) ahead of FQ2... More
