Micron Technology, Inc., Reports Results for the First Quarter of Fiscal 2018

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Go back to Micron Technology, Inc., Reports Results for the First Quarter of Fiscal 2018

Micron Technology (MU) PT Raised to $56 at Loop Capital

December 20, 2017 6:48 AM EST

Loop Capital raised its price target on Micron Technology (NASDAQ: MU) to $56.00 (from $47.00) while maintaining a Buy rating.

Analyst Betsy Van Hees highlighted the big beat and that it bucked typical seasonal trends.

... More

Micron Technology (MU) Tops Q1 EPS by 26c, Q2 Guidance Tops Views

December 19, 2017 4:01 PM EST

(Updated - December 19, 2017 4:08 PM EST)

Micron Technology (NASDAQ: MU) reported Q1 EPS of $2.45, $0.26 better than the analyst estimate of $2.19. Revenue for the quarter came in at $6.8 billion versus the consensus estimate of $6.41 billion.

"Micron's strong results were driven by double-digit sequential... More