Micron Technology (MU) weekly volatility elevated as shares pull back on Q4 and outlook

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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

Micron (MU) PT Raised to $22 at Baird

October 5, 2016 6:45 AM EDT

Baird analyst Tristan Gerra reiterated an Outperform rating and lifted his price target on Micron Technology (NASDAQ: MU) to $22.00 (from $18.00) on a strong NAND outlook for 2017 and continued DRAM tightening.

Gerra commented, "Bit growth acceleration in enterprise SSDs along with supply disruptions associated... More

Micron (MU) PT Raised to $22 at Mizuho

October 5, 2016 6:42 AM EDT

Mizuho 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