Speculative Upside Options Positioning in Micron Technology (MU) Continues -Susquehanna

Go back to Speculative Upside Options Positioning in Micron Technology (MU) Continues -Susquehanna

Secretive Hedge Fund Urged by Tech Icon to Build Massive Stake in Micron (MU); Stock Could Be Worth $64

September 29, 2017 10:59 AM EDT

Sun Microsystems co-founder Bill Joy pushed secretive hedge fund Water Street Capital to build a large stake in Micron Technology (NASDAQ: MU) and thinks the stock can trade as high as $64, or almost 70 percent above current levels, Bloomberg News reported earlier. Joy recently... More

Micron Technology (MU) PT Raised to $45 at Nomura/Instinet on 4Q Beat on Strong DRAM & NAND Performance

September 29, 2017 9:05 AM EDT

Nomura/Instinet raised its price target on Micron Technology (NASDAQ: MU) to $45.00 (from $40.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Romit Shah notes a positive outlook on the shares, as the company delivered fourth quarter earnings per share... More

Active options: MU AAPL BAC FB TSLA BBRY GILD

September 28, 2017 3:37 PM EDT

Active options: MU AAPL BAC FB TSLA BBRY GILD

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Massive Upside Options Positioning in Micron Technology (MU) Continues Following Q4 Beat, Creating 17.5M Shares to Buy Above $40/Sh -Susquehanna

September 28, 2017 2:16 PM EDT

Susquehanna options strategist Alison Edwards notes continued upside options positioning in Micron Technology (NASDAQ: MU), as opening investors purchased 75,000 Oct 40 Calls for $0.59, adding to 100,000 contracts purchased previously, creating 17.5 million shares to buy above $40/share.

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Popular options with increasing unusual volume: MU NVDA RIG GE

September 28, 2017 9:45 AM EDT

Popular options with increasing unusual volume: MU NVDA RIG GE

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Active options: MU AAPL FB WFC TSLA BAC SRCI C BBRY RAD

September 28, 2017 9:37 AM EDT

Active options: MU AAPL FB WFC TSLA BAC SRCI C BBRY RAD ALK

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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

Options volume: MU BAC AAPL FB TSLA

September 27, 2017 10:01 AM EDT

Options volume: MU BAC AAPL FB TSLA

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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): Strong Rev and GM Momentum, PT To $45 - Wells Fargo

September 27, 2017 8:28 AM EDT

Wells Fargo analyst, David Wong, reiterated his Outperform rating on shares of Micron Technology (NASDAQ: MU) after the August quarter results show strong revenue and gross margin momentum, with a further sequential rise in sales and improvement in gross margin expected in the upcoming, November quarter.

DRAM bit... More

Micron Technology (MU): Raising PT On Continuing Strong Environment - Morgan Stanley

September 27, 2017 8:01 AM EDT

Morgan Stanley analyst, Joseph Moore, reiterated his Overweight rating on shares of Micron Technology (NASDAQ: MU) and raised the price target to $39 from $36 after the company posted another quarter revealing the continuation of an exceptional memory environment. Now, the analyst points out,... More

Micron Technology (MU): November Looks Like The Peak But FCF Underappreciated - Cowen

September 27, 2017 7:13 AM EDT

Cowen analyst, Karl Ackerman, reiterated his Outperform rating on shares of Micron Technology (NASDAQ: MU) and raised his price target to $43 from $40 noting that the November quarter seems like a near term peak in quarterly EPS which should stall some of the... 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 $48 at Loop Capital

September 27, 2017 6:42 AM EDT

Loop Capital analyst Betsy Van Hees raised her price target on Micron Technology (NASDAQ: MU) to $48.00 (from $46.00) while maintaining a Buy rating following results.

While Capex was up, Van Hees notes "you have to spend money to make money."

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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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Micron Technology (MU) PT Raised to $54 at Susquehanna

September 27, 2017 6:14 AM EDT

Susquehanna raised its price target on Micron Technology (NASDAQ: MU) to $54.00 (from $50.00) while maintaining a Positive rating.

Analyst Mehdi Hosseini says the re-rating on the stock remains on track noting success on cost curve execution and the evidence of a healthy supply/demand... More

Micron Technology (MU) PT Raised to $76 at Needham & Company

September 27, 2017 6:12 AM EDT

Needham & Company raised its price target on Micron Technology (NASDAQ: MU) to $76.00 (from $50.00) while maintaining a Buy rating.

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Micron Technology (MU) PT Raised to $52 at MKM Partners

September 27, 2017 5:40 AM EDT

MKM Partners raised its price target on Micron Technology (NASDAQ: MU) to $52.00 (from $45.00) while maintaining a Buy rating.

Analyst Ruben Roy is positive on the company's favorable memory trends which he notes drove solid results and yielded a positive outlook.

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Micron Technology (MU) PT Raised to $64 at Stifel, Raises FY 2018 EPS Estimate

September 27, 2017 3:10 AM EDT

Stifel raised its price target on Micron Technology (NASDAQ: MU) to $64.00 (from $62.00) while maintaining a Buy rating.

Analyst Kevin Cassidy remains positive on the company and comments that the 15% CapEx increase likely will not drive oversupply. The analyst views 3d NAND Flash and... More

Micron Technology (MU) PT Raised to $40 at Mizuho Securities, Raises FY 2018 EPS Estimate

September 27, 2017 3:07 AM EDT

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

Analyst Vijay Rakesh remains positive following the strong guidance noting "We believe against a backdrop of strong fundamentals MU presents an attractive opportunity."

FY 2018 EPS estimate rises from $6.37 to $7.61.

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