Form 8-K MICRON TECHNOLOGY INC For: Jun 25

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Go back to Form 8-K MICRON TECHNOLOGY INC For: Jun 25

Micron's (MU) Price Target Reduced to $28 at Deutsche Bank

June 26, 2015 8:53 AM EDT

Deutsche Bank maintained a Buy rating on Micron Technology (NASDAQ: MU) but lowered its price target to $28.00 (from $32.00). The change follows Q3 results and disappointing guidance. Analyst Sidney Ho remains positive long-term.

"While we have expected a soft guidance, we are... More

Micron Technology (MU) Misses Q3 EPS by 2c

June 25, 2015 4:04 PM EDT

Micron Technology (Nasdaq: MU) reported Q3 EPS of $0.54, $0.02 worse than the analyst estimate of $0.56. Revenue for the quarter came in at $3.85 billion versus the consensus estimate of $3.9 billion.

"In the fiscal third quarter, Micron experienced market headwinds driven primarily by weakness... More