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

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

Micron Technology (MU) PT Raised to $75 at Argus; Reiterates Buy

March 26, 2018 8:23 AM EDT

Argus raised its price target on Micron Technology (NASDAQ: MU) to $75.00 (from $55.00) while maintaining a Buy rating. The company sold off by 6% on 3/23/18, based on concerns about memory pricing, even though Micron reported above-consensus results for fiscal 2Q18.

Fiscal 2Q18 revenue of $7.35 billion grew 58%... More