Chipmaker Micron's profit, revenue beat estimates
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Wedbush Cuts Price Target on Micron Technology (MU) Following 4Q15 EPS Beat
October 2, 2015 8:27 AM EDTWedbush maintained a Neutral rating on Micron Technology (NASDAQ: MU), and cut the price target to $15.00 (from $17.00), following the company's 4Q15 earnings results. EPS of $0.37 on revenue of $3.6B was above the Street's $0.32 EPS and $3.6B revenue.
Analyst Betsy Hees commented, "Microns (MU) FQ4 (Aug) results beat... More
Needham & Company Cuts Price Target on Micron Technology (MU) Following 4Q15 Earnings Results
October 2, 2015 7:46 AM EDTNeedham & Company maintained a Strong Buy rating on Micron Technology (NASDAQ: MU), and cut the price target to $25.00 (from $40.00), following the company's 4Q15 earnings results. Micron revenue of $3.60B was slightly ahead of the Street's $3.56Bn. F1Q15 revenue was guided to $3.45Bn at the midpoint, below the Street's $3.74Bn.
Analyst... More
Sterne Agee CRT Reiterates Buy on Micron Technology (MU) Following 4Q15 Earnings
October 2, 2015 6:55 AM EDTSterne Agee CRT reiterated a Buy rating and $20.00 price target on Micron Technology (NASDAQ: MU) following the company's 4Q15 earnings results. MU reported revenues of $3.60bil compared to Street's $3.55bil estimates. EPS of $0.37 beat the Street's estimates of $0.31.
Analyst Douglas Freedman commented, "MU posted... More
Piper Jaffray Cuts Price Target on Micron Technology (MU) Following 5c EPS Beat
October 2, 2015 6:47 AM EDTPiper Jaffray reiterated an Overweight rating on Micron Technology (NASDAQ: MU), and cut the price target to $22.00 (from $23.00), following the company's 4Q15 earnings results. Revenue of $3.6B beat consensus of $3.56B. NonGAAP EPS of $0.37 beat the consensus estimate of $0.32.
Analyst Ruben Roy commented, "We reiterate our... More
