UPDATE: Micron Technology (MU) Sees Q1 EPS of $2.95 at Mid-Point vs Consensus of $3.06

Go back to UPDATE: Micron Technology (MU) Sees Q1 EPS of $2.95 at Mid-Point vs Consensus of $3.06

Micron Technology (MU) PT Lowered to $80 at Needham & Company

September 24, 2018 8:03 AM EDT

Needham & Company analyst, Rajvindra Gill, lowered the price target on Micron Technology (NASDAQ: MU) to $80.00 (from $100.00) while maintaining a Strong Buy rating following the company's guidance. MU guided gross margins to decline Q/Q due to the Chinese tariffs and some inventory adjustments... More

MKM Partners Reiterates Buy on Micron Technology (MU) Following 4Q

September 21, 2018 7:23 AM EDT

MKM Partners analyst, Ruben Roy, reiterated a Buy rating and $63.00 price target on Micron Technology (NASDAQ: MU) following the company's 4Q earnings report. Micron reported revenue and non-GAAP EPS of $8.440 billion/$3.53, which compared favorably against the consensus estimates of $8.25 billion/$3.33. Management guidance had... More

Micron Technology (MU) PT Lowered to $80 at Needham & Company

September 21, 2018 7:23 AM EDT

Needham & Company analyst Rajvindra Gill lowered the price target on Micron Technology (NASDAQ: MU) to $80.00 (from $110.00) while maintaining a Strong Buy rating.

Gill commented, "After posting a stellar F4Q18, MU guided gross margins to decline Q/Q (-50-100bps impx.)... More

Micron Technology (MU) PT Lowered to $103 at Stifel

September 21, 2018 6:50 AM EDT

Stifel analyst Kevin Cassidy lowered the price target on Micron Technology (NASDAQ: MU) to $103.00 (from $108.00) while maintaining a Buy rating.

... More

Micron Technology (MU) Tops Q4 EPS by 19c; Guides Q1 Lower

September 20, 2018 4:02 PM EDT

Micron Technology (NASDAQ: MU) reported Q4 EPS of $3.53, $0.19 better than the analyst estimate of $3.34. Revenue for the quarter came in at $8.44 billion versus the consensus estimate of $8.25 billion.

Revenues of $8.44 billion, up 38 percent compared with the same period last yearGAAP net income of... More