Micron (MU) Q1 Outlook Better than Feared, Credit Suisse Says

Deutsche Bank Sees Catalysts in Micron (MU)

Deutsche Bank maintained a Buy rating on Micron Technology (NASDAQ: MU) with a modified price target of $20.00 (from $28.00). Comments follow Q4 results. Analyst Sidney Ho sees catalysts in 2016.

"MU delivered a surprising beat for F4Q but guided F1Q below... More

Wedbush Cuts Price Target on Micron Technology (MU) Following 4Q15 EPS Beat

Wedbush 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

Needham & 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

Piper Jaffray Cuts Price Target on Micron Technology (MU) Following 5c EPS Beat

Piper 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

Cowen Trims PT on Micron (MU) to $24; Guidance Not as Bad as Feared

Cowen and Company trims its price target on Outperform-rated Micron (Nasdaq: MU) from $25 to $24 following Q4 results issued Thursday night.

Analyst Tim Arcuri commented:While MU continues to struggle in NAND, DRAM margins appear no more than 6mos from a meaningful inflection while, bigger picture, the stock... More

Micron (MU) PT Lowered to $30 at Jefferies

Jefferies analyst Sundeep Bajikar reiterated a Buy rating but cut his price target on Micron Technology (NASDAQ: MU) to $30.00 (from $33.00) following Q4 results.

Bajika commented, "We believe a combination of favorable DRAM/NAND supply dynamics, Micron's technology progress, and emergence of new... More

Micron Technology (MU) Guides Q1 EPS, Revenue Below Expectations

Micron Technology (NASDAQ: MU) sees Q1 adjusted EPS of $0.20 - $0.26 and revenue of $3.45 - $3.70 billion, versus consensus estimates calling for EPS of $0.38 and revenue of $3.74 billion.

Micron also sees gross margin at 24.5 - 27.0 percent.

Micron Technology (MU) Tops Q4 EPS by 4c; Issues Light Q1 Outlook

(Updated - October 1, 2015 4:58 PM EDT)

(Updated - October 1, 2015 4:15 PM EDT)

(Second Update updates revenue outlook range, which was lower than previously stated by the company.)

Micron Technology (NASDAQ: MU) reported Q4 EPS of $0.37, $0.04 better than the analyst estimate of $0.33. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.56... More