Micron Technology (MU) volatility increases into Q4 and outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/11/2026

1. HUM
2. SPCX
3. ALHC
4. T
5. PEP
6. TMUS
7. SPY
8. CVS
9. UNH
10. DAL

Go back to Micron Technology (MU) volatility increases into Q4 and outlook

Brean Capital Raises Price Target on Micron Technology (MU) Following 4Q Beat

October 5, 2016 10:06 AM EDT

Brean Capital reiterated a Buy rating on Micron Technology (NASDAQ: MU), and raised the price target to $23.00 (from $18.00), following the company's 4Q earnings report. MU reported revenue and non-GAAP EPS of $3.217B and $(0.05), compared to the Street's estimates at $3.150B/ $(0.12).

Analyst Mike Burton commented, "Similar to the May-16 quarter, expectations were above average... More