Bullish Options Activity Continues in Micron Technology (MU) Targets Upside in Shares -Susquehanna
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Micron Technology (MU) PT Raised to $75 at Argus; Reiterates Buy
March 26, 2018 8:23 AM EDTArgus 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
Micron Technology (MU) This Time Its Different, Cycle Extending - Nomura
March 26, 2018 7:55 AM EDTNomura analyst, Romit Shah, published a note titled "Betting Against the Past" noting that capex is usually the first thing cut in a downturn and Micron Technology (NASDAQ: MU) raised, not reduced, capex guidance in dollars and as a percentage of revenue, from 20-25% in... More
Buy the Dip in Semis - Lynx Equity's Nissar
March 26, 2018 7:37 AM EDTLynx Equity Strategies analyst Jahanara Nissar thinks it's time to step back into Semis.
After saying all month to stay away from Semis due to a) the M&A premium built into stock valuations, and b) the unusually strong move up in MU due to sell-side crowding-in, the analyst... More
Micron Technology (MU) PT Raised to $70 at FBN Securities
March 26, 2018 1:25 AM EDTFBN Securities raised its price target on Micron Technology (NASDAQ: MU) to $70.00 (from $60.00) while maintaining a Outperform rating.
... More