Buy the Dip in Semis - Lynx Equity's Nissar

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Bullish Options Activity Continues in Micron Technology (MU) Targets Upside in Shares -Susquehanna

March 28, 2018 1:41 PM EDT

Susquehanna options strategist Alison Edwards notes bullish options activity in Micron Technology (NASDAQ: MU), as an investor bought 6,500 Apr6 54/58 call spreads, paying $0.75 up to $0.85. This is likely the investor who previously bought the Apr6 58/60 call spread and with stock down ~11% since then, they... More

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