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

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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."

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