Macquarie Downgrades Micron Technology (MU) to Neutral

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UBS Remains Bullish on Micron Technology (MU) Following Mixed 2Q

March 31, 2016 8:09 AM EDT

UBS 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 EDT

Baird 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

Bernstein Downgrades Micron Technology (MU) to Market Perform

March 31, 2016 7:35 AM EDT

Bernstein downgraded Micron Technology (NASDAQ: MU) from Outperform to Market Perform with a price target of $10.00 (from $14.00).

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 $10.48 yesterday.

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Micron 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