Micron Technology, Inc., Reports Results for TheĀ Fourth Quarter and Full Year of 2017

Go back to Micron Technology, Inc., Reports Results for TheĀ Fourth Quarter and Full Year of 2017

Micron Technology (MU) PT Raised to $50 at FBN Securities

September 27, 2017 10:53 AM EDT

FBN Securities analyst Shebly Seyrafi raised its price target on Micron Technology (NASDAQ: MU) to $50.00 (from $45.00) while maintaining a Outperform rating following strong FQ4, with revenue growing by 91% Y/Y driven by better than expected pricing as both DRAM ASP growth of 8%... More

Micron Technology (MU) PT Raised to $43 at Deutsche Bank Following 4Q

September 27, 2017 8:39 AM EDT

Deutsche Bank raised its price target on Micron Technology (NASDAQ: MU) to $43.00 (from $42.00) while maintaining a Buy rating following the company's... More

Micron Technology (MU) PT Raised to $50 at Longbow Research

September 27, 2017 7:04 AM EDT

Longbow Research analyst Mike Burton raised his price target on Micron Technology (NASDAQ: MU) to $50.00 (from $42.00) while maintaining a Buy rating.

Burton notes the company continues to deliver upside on sustained margin improvement.

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Micron Technology (MU) PT Raised to $52 at Baird

September 27, 2017 6:25 AM EDT

Baird raised its price target on Micron Technology (NASDAQ: MU) to $52.00 (from $48.00) while maintaining a Outperform rating following results.

Analyst Tristan Gerra they believe in the sustainability of supply/demand trends for Micron in F2018, notably for DRAM.

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UPDATE: Micron Technology (MU) Tops Q4 EPS by 18c, Q1 Guidance Beats

September 26, 2017 4:01 PM EDT

(Updated - September 26, 2017 4:05 PM EDT)

Micron Technology (NASDAQ: MU) reported Q4 EPS of $2.02, $0.18 better than the analyst estimate of $1.84. Revenue for the quarter came in at $6.14 billion versus the consensus estimate of $5.96 billion.

Micron sees Q1 EPS of $2.09-2.23 vs consensus of $1.84... More