Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2020

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Go back to Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2020

Micron Technology (MU) PT Raised to $65 at RBC Capital

December 19, 2019 6:49 AM EST

RBC Capital analyst Mitch Steves raised the price target on Micron Technology (NASDAQ: MU) to $65.00 (from $55.00) while maintaining an Outperform rating.

Steves commented, "Micron reported solid results across the board and stated that "Micron's fiscal second quarter will be the cyclical bottom for our financial performance" - CEO Sanjay Mehrota."

... More

Micron Technology (MU) Tops Q1 EPS by 1c, Q2 EPS Guidance Misses Consensus

December 18, 2019 4:02 PM EST

Micron Technology (NASDAQ: MU) reported Q1 EPS of $0.48, $0.01 better than the analyst estimate of $0.47. Revenue for the quarter came in at $5.14 billion versus the consensus estimate of $5.01 billion.

"Micron posted solid first quarter results, delivering good profitability and positive free cash flow. With our... More