JPMorgan Sees Micron Technology (MU) Guidance As Conservative, PT To $75

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Go back to JPMorgan Sees Micron Technology (MU) Guidance As Conservative, PT To $75

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

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