Micron Technology (MU) Receives $21/Share Bid from China's Tsinghua Unigroup - WSJ

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$21 Per Share Offer for Micron (MU) Would Likely Be 'Insufficient' - Deutsche Bank

July 14, 2015 9:52 AM EDT

(Updated - July 14, 2015 9:53 AM EDT. Update corrects typo in headline).

Deutsche Bank maintained a Buy rating on Micron Technology (NASDAQ: MU) with a price target of $28. Comments follow rumors Chinas Tsinghua Unigroup has or plans to offer $23 billion ($21 per share) for... More

Sandisk Corp. (SNDK) Gains on Reports of Micron Takeover Bid

July 14, 2015 9:13 AM EDT

Sandisk Corp. (NASDAQ: SNDK) is seeing a bid in early trading Tuesday amid reports rival Micron (NASDAQ: MU) has received a takeover bid from China-owned Tsinghua Unigroup. Shares last traded up 3.8% to $55.66.

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Morgan Stanley Upgrades Micron Technology (MU) to Equalweight

July 14, 2015 8:26 AM EDT

Morgan Stanley upgraded Micron Technology (NASDAQ: MU) from Underweight to Equalweight with a price target of $19 (unchanged).

For an analyst ratings summary and ratings history on Micron Technology click here. For more ratings news on Micron Technology click here.

Shares of Micron Technology closed at $17.61 yesterday.

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Micron (MU) 'Has Not Received an Offer', Nomura Says

July 14, 2015 7:42 AM EDT

Nomura Securities analyst Romit Shah reiterated a Neutral rating and $23 price target on Micron Technology (NASDAQ: MU) saying "Micron investor relations has told us the company has not received an offer," despite reports of a $21/share bid from China-owned Tsinghua Unigroup.

That said, Shah said the China DRAM story is gaining interest... More

Micron Technology (MU) Moves to Session Highs

July 10, 2015 3:12 PM EDT

Micron Technology (NASDAQ: MU) has moved to an intraday high Friday. Shares are up 2.6 percent following the parabolic rise.

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