Micron (MU) Rebound Coming in FY17 - Susquehanna
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February 17, 2016 10:44 AM EST
Micron Technology (NASDAQ: MU) is another stock being lifted by short covering. Shares are up 7.6%.
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February 16, 2016 7:49 AM EST
Nomura Securities analyst Romit Shah reiterated a Neutral rating and lowered his price target on Micron Technology (NASDAQ: MU) to $12.00 (from $15.00) after the company's analyst day.
Shah commented, "We are updating our estimates to reflect updates from the Analyst day and current DRAM market conditions, which we expect to continue to... More
February 16, 2016 6:17 AM EST
Mizuho Securities upgraded Micron Technology (NASDAQ: MU) from Neutral to Buy with a price target of $12.00.
Analyst Vijay Rakesh cited: 1) with the stock trading at 0.8x P/B, we believe the shares are very close to trough valuation; 2) at its analyst... More
