Tsinghua's Bid for Micron (MU) Doesn't Make Sense for Micron Shareholders - Cowen

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Northland Capital Markets Raises Price Target on Intel (INTC) to $32 Following 2Q15 Results

July 16, 2015 8:46 AM EDT

Northland Capital Markets reiterates a Market Perform rating on Intel (NASDAQ: INTC), and raises price target to $32.00 (from $31.00), following 2Q15 results. Intel reported $0.55 on $13.2B, above Northland's estimates of $0.46 on $12.8B.

Analyst Gus Richard commented, "INTCs report was much better than the... More

Jefferies Raises Price target on Intel (INTC) to $36 Following 2Q EPS Beat

July 16, 2015 8:05 AM EDT

Jefferies reiterates a Buy rating on Intel (NASDAQ: INTC), and raises the price target to $36.00 (from $35.00), following 2Q15 results. Reported EPS of $0.55 was $0.05 above consensus.

Analyst Mark Lipacis commented, "2Q EPS beat by $0.01 EPS (ex 1x), and the 3Q outlook implies a... More

Piper Jaffray Cuts Price Target on Intel (INTC) Following 2Q15 Results

July 16, 2015 7:41 AM EDT

Piper Jaffray reiterates an Overweight rating on Intel (NASDAQ: INTC), and cuts the price target to $37.00 (from $38.00), following 2Q15 results. INTC reported Q2 revenue of $13.2B and EPS of $0.55, ahead of $13.04B and $0.50 consensus. The Q3 outlook calls for revenue of $14.3B, above consensus expectations of $14.1B, and... More

FBR Capital Maintains Bullish Views on Intel (INTC) Following 2Q Earnings Results

July 16, 2015 7:18 AM EDT

FBR Capital maintains an Outperform rating and $38.00 price target on Intel (NASDAQ: INTC) following 2Q15 results. INTC's reported revenue was $13.2B, above the Street's expectations which was lowered to ~$13.0B following AMD preannouncement.

Analyst Christopher Rolland commented, "On Wednesday evening, July 15, Intel announced better-than-expected 2Q15 results and 3Q15 guidance, primarily as PC channel inventories were drawn down more... More

$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

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.

... More

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) Receives $21/Share Bid from China's Tsinghua Unigroup - WSJ

July 13, 2015 10:12 PM EDT

Micron Technology (NASDAQ: MU) has received a $23 billion bid from China's Tsinghua Unigroup, according to the Wall Street Journal, which cited people familiar with the matter.

Tsinghua Unigroup offered $21 per share, or a 19.3% premium to Monday's closing price, the report... More