Micron Technology (MU) Holder Nanya Technology Sold Nearly 12M Shares Recently - 13D

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Micron Technology (MU) PT Raised to $48 at Baird on 3Q Beat & Raise; '50% Gross Margin Profile Becomes Realistic Medium-Term Scenario'

June 30, 2017 7:25 AM EDT

Baird raised its price target on Micron Technology (NASDAQ: MU) to $48.00 (from $40.00) while maintaining a Outperform rating, following the company's third quarter earnings report.

Analyst Tristan Gerra notes the company delivered third quarter earnings per share and revenues above the Street's estimates, citing secular... More