Micron Technology (MU) Reports Q4 Loss of $0.05/Share
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Brean Capital Raises Price Target on Micron Technology (MU) Following 4Q Beat
October 5, 2016 10:06 AM EDTBrean 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
Micron (MU) PT Raised to $22 at Mizuho
October 5, 2016 6:42 AM EDTMizuho Securities analyst Vijay Rakesh reiterated a Buy rating and raised estimates and the price target on Micron Technology (NASDAQ: MU) to $22.00 (from $20.00) following Q4 results above consensus and Q EPS guidance of $0.13-0.21, well above the $0.09 consensus.
Rakesh commented, "NovQ GM was... More
Cowen Remains Positive on Micron (MU), But Enthusiasm Tempered Amid Headwinds
October 5, 2016 6:37 AM EDTCowen and Company affirms Micron (Nasdaq: MU) with an Outperform rating and $19 price target following Q4 results and outlook issued Tuesday night.
Analyst Tim Arcuri commented today, Troubling as the guidance was, a positive bias still seems warranted as DRAM supply/demand remains the first... More
Micron Technology (MU) Guides Q1 Above Expectations
October 4, 2016 4:12 PM EDTMicron Technology (Nasdaq: MU) sees Q117 revenue of $3.55 - $3.85 billion, gross margin of 23% - 25.5%, and EPS of $0.13 - $0.21.
The Street sees Q1 revenue of $3.48 billion and EPS of $0.12.
The company saw accelerating revenue growth with moderating pricing.
... MoreMicron Technology (MU) weekly volatility increases into Q4 and outlook
October 4, 2016 12:43 PM EDTMicron Technology (NASDAQ: MU) October weekly call option implied volatility is at 97, October is at 54, November is at 47; compared to 52-week range of 39 to 84 into the expected release of Q4 results on October 4.
... MoreStocks with call strike movement; TWTR MU
October 4, 2016 10:49 AM EDTTwitter (NYSE: TWTR) December 29 call option implied volatility increased 2% to 52, Micron Technology (NASDAQ: MU) December 20 call option implied volatility increased 2% to 43.
... MoreMicron Technology (MU) October weekly volatility increases into Q4 and outlook
October 4, 2016 6:36 AM EDTMicron Technology (NASDAQ: MU) October weekly call option implied volatility is at 86, October is at 54, November is at 47; compared to 52-week range of 39 to 84 into the expected release of Q4 results today.
... MoreOption volume flows
October 4, 2016 5:34 AM EDTOptions expected to have increasing volume: MU DRI YUM CRM CY
Options with increasing call volume on October 30; STZ STI HIMX EWW BLDP DRI JNK SIX USG
Options with increasing put volume on October 3; HST ASPS ADPT ETE TPX DRI VEEV MAT
... More
