Micron forecasts strong quarter on cloud and mobile demand

Go back to Micron forecasts strong quarter on cloud and mobile demand

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 $36 at UBS Following 3Q Beat & Raise; 'Showing Better Cost/Bit Execution'

June 30, 2017 7:36 AM EDT

UBS raised its price target on Micron Technology (NASDAQ: MU) to $36.00 (from $32.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Stephen Chin notes the company delivered third quarter earnings per share and revenues above consensus projections driven by higher... 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