Micron Technology (MU) Tops Q1 EPS by 7c, Offers Q2 Guidance

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Go back to Micron Technology (MU) Tops Q1 EPS by 7c, Offers Q2 Guidance

Micron Technology (MU) PT Raised to $110 at Bernstein

January 8, 2021 7:26 AM EST

Bernstein analyst Mark Newman raised the price target on Micron Technology (NASDAQ: MU) to $110.00 while maintaining an Outperform rating following resuls.

Newman notes management's outlook showed strong support for DRAM recovery but more cautious for NAND due to expected supply increases.

The firm now sees earnings of $4.57 EPS in FY2021.

... More

Micron Technology (MU) PT Raised to $120 at Rosenblatt

January 8, 2021 6:57 AM EST

Rosenblatt analyst Hans Mosesmann raised the price target on Micron Technology (NASDAQ: MU) to $120.00 (from $100.00) while maintaining a Buy rating.

The analyst commented, "Classical DRAM dynamics occurring with strong potential for best-ever on demand driven AI/Cloud workloads moving aggressively to high content to... More