Cowen Cuts PT on Micron (MU) to $13; Says 'Huge' Upside Catalyst Hard to See at This Point
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UBS Remains Bullish on Micron Technology (MU) Following Mixed 2Q
March 31, 2016 8:09 AM EDTUBS maintained a Buy rating on Micron Technology (NASDAQ: MU), and cut the price target to $14.00 (from $15.00), following the company's mixed 2Q earnings report.
Analyst Stephen Chin commented, "F2Q results were once again mixed as Micron continues to face pricing uncertainties that are partly offset by steady execution on process... More
Baird Cuts Price Target on Micron Technology (MU) Following 2Q; Expects EPS Losses Through Feb
March 31, 2016 7:43 AM EDTBaird maintained a Neutral rating on Micron Technology (NASDAQ: MU), and cut the price target to $12.00 (from $13.00), following the company's 2Q earnings report. Micron reported F2Q16 non-GAAP EPS of ($0.05), above the Street's ($0.09) estimate and guidance midpoint. Revenue of $2,934 million, down 12.4% sequentially,... More
Mizuho Securities reiterates Buy on Micron Technology (MU) Following 2Q EPS Beat
March 31, 2016 7:00 AM EDTMizuho Securities reiterated a Buy rating and $13.50 price target on Micron Technology (NASDAQ: MU) following the company's 2Q earnings report. MU reported revenue of $2.93B, a slight miss compared to consensus of $3B. EPS was reported at ($0.05), beating consensus estimates of ($0.09). Guidance for the... More
Micron (MU) PT Trimmed to $18 at Sterne Agee CRT Post Q2; Maintains 'Buy'
March 31, 2016 6:41 AM EDTSterne Agee CRT analyst Douglas Freedman trimmed his price target on Micron Technology (NASDAQ: MU) to $18.00 (from $19.00) following results but maintained a Buy rating. The analyst said margin improvement more of a matter of when, not if.
Freedman commented, "We remain opportunistic buyers of... More
Micron Technology (MU) Guides Q3 Revenue, EPS Below Views
March 30, 2016 4:09 PM EDTMicron Technology (NASDAQ: MU) sees Q3 revenue of $2.8 - $3.1 billion and adjusted loss of $0.05 - $0.12 per share. The consensus sees revenue of $3.2 billion and EPS of $0.04.
... MoreMicron Technology (MU) Tops Q2 EPS by 4c
March 30, 2016 4:04 PM EDT(Updated - March 30, 2016 4:05 PM EDT)
Micron Technology (NASDAQ: MU) reported Q2 EPS of ($0.05), $0.04 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $2.93 billion versus the consensus estimate of $3.05 billion.
"Although we continue to navigate challenging market conditions, we are on track with deploying our advanced DRAM and NAND technologies and improving... More
