Micron Technology (MU) Tops Q3 EPS by 11c, Q4 Guidance Tops Consensus

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Loop Capital Reiterates Buy Rating & $40 PT on Micron Technology (MU) Following 3Q Report; 'Elongated Trifecta of Memory Cycle Drives Another Beat & Raise'

June 30, 2017 8:53 AM EDT

Loop Capital reiterates Buy rating and $40 price target of Micron Technology (NASDAQ: MU), following the company's third quarter earnings report.

Analyst Betsy Van Hees notes the company delivered third quarter earnings per share and revenues above the Street's estimates, while management offered a... More

Micron Technology (MU) PT Raised to $36 at Morgan Stanley on 3Q Beat & Raise; 'Earnings Climbing Further Above Trend with Strong Pricing & Execution Improvement'

June 30, 2017 8:46 AM EDT

Morgan Stanley raised its price target on Micron Technology (NASDAQ: MU) to $36.00 (from $34.00) while maintaining a Overweight rating, as the company reported third quarter earnings.

Analyst Joseph Moore notes the company delivered third quarter earnings per share and revenues above consensus projections, while management... More

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

Micron Technology (MU) PT Raised to $37 at Deutsche Bank on 3Q Beat & Raise; 'Bullish Thesis is Intact'

June 30, 2017 6:57 AM EDT

Deutsche Bank raised its price target on Micron Technology (NASDAQ: MU) to $37.00 (from $35.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Sidney Ho notes the company delivers third quarter earnings per share and revenues above consensus projections, as... More

Micron Technology (MU) PT Raised to $40 at Cowen on 3Q Beat; 'Fundamentals are Significantly Improved'

June 30, 2017 6:36 AM EDT

Cowen raised its price target on Micron Technology (NASDAQ: MU) to $40.00 (from $38.00) while maintaining a Outperform rating, following the company's third quarter earnings report.

Analyst Timothy Arcuri notes the company delivered third quarter earnings per share and revenues above consensus projections driven improving... More

Micron Technology (MU) PT Raised to $38 at Susquehanna

June 30, 2017 6:20 AM EDT

Susquehanna raised its price target on Micron Technology (NASDAQ: MU) to $38.00 (from $35.00) while maintaining a Positive rating.

CY 2017 EPS estimate rises from $4.49 to $4.77 and CY 2018 EPS estimate rises from $4.42 to $4.81.

... More

Micron Technology (MU) Estimates Raised At Instinet

June 30, 2017 6:10 AM EDT

Instinet maintains Buy on Micron Technology (NASDAQ: MU) price target of $40.00.

FY 2017 EPS estimate rises from $5.30 to $6.10 and FY 2018 EPS estimate rises from $5.61 to $6.70.

For an analyst ratings summary and ratings history on Micron Technology... More

Micron Technology (MU) PT Raised to $38 at Mizuho Securities

June 30, 2017 4:08 AM EDT

Mizuho Securities raised its price target on Micron Technology (NASDAQ: MU) to $38.00 (from $35.00) while maintaining a Buy rating.

Analyst Vijay Rakesh says MU is the cheapest among global memory OEMs.

FY 2018 EPS estimate rises from $5.45 to $6.37 and FY 2019 EPS estimate is for $5.52.

... More

Micron Technology (MU) Estimates Raised At Barclays

June 30, 2017 3:46 AM EDT

Barclays maintains Overweight on Micron Technology (NASDAQ: MU) price target of $40.00.

FY 2017 EPS estimate rises from $4.50 to $4.67 and FY 2018 EPS estimate rises from $6.38 to $6.50.

For an analyst ratings summary and ratings history on Micron Technology... More

Micron Technology (MU) PT Raised to $40 at JPMorgan

June 30, 2017 3:45 AM EDT

JPMorgan raised its price target on Micron Technology (NASDAQ: MU) to $40.00 (from $38.00) while maintaining a Overweight rating.

Analyst Harlan Sur says the demand profile for the remainder of the year should remain strong on robust datacenter spending, Skylake/EPYC server upgrade cycle, next-gen iPhone... More

Micron Technology (MU) Estimates Raised At Pacific Crest

June 30, 2017 3:42 AM EDT

Pacific Crest maintains Sector Weight on Micron Technology (NASDAQ: MU).

FY 2017 EPS estimate rises from $4.35 to $4.73 and FY 2018 EPS estimate rises from $3.62 to $5.61.

For an analyst ratings summary and ratings history on Micron Technology... More

Micron Technology (MU) PT Raised to $60 at Stifel

June 30, 2017 3:40 AM EDT

Stifel raised its price target on Micron Technology (NASDAQ: MU) to $60.00 (from $47.00) while maintaining a Buy rating.

Analyst Kevin Cassidy believes the company and the memory market have entered a new era of multiple diverse addressable end markets, rational capacity growth and businesses... More