Micron Slips on Soft Guidance, BofA Downgrades on 'Large but Insufficient Reset'

Micron (MU) Defended at UBS, Reiterated Top Pick After a 'Key Clearing Event'

Micron Technology (NASDAQ: MU) shares are down over 3.5% in pre-open Friday after the company reported results Thursday.

The chipmaker offered downbeat guidance that sent shares lower before Bank of America analyst Vivek Arya followed up with a downgrade to Neutral.

However, UBS analyst... More

Micron Technology (MU) PT Lowered to $64 at Needham & Company

Needham & Company analyst Rajvindra Gill lowered the price target on Micron Technology (NASDAQ: MU) to $64.00 (from $80.00) while maintaining a Buy rating.

The analyst commented, "Micron reported a solid print but the Aug. rev guide of $7.2BN missed the Street by 20%... More

Micron Technology (MU) PT Lowered to $60 at Baird

Baird analyst Tristan Gerra lowered the price target on Micron Technology (NASDAQ: MU) to $60.00 (from $90.00) while maintaining a Neutral rating.... More

UPDATE: Western Digital Corp. (WDC) PT Lowered to $65 at Benchmark

(Updated - July 1, 2022 6:26 AM EDT)

Benchmark analyst Mark Miller lowered the price target on Western Digital Corp. (NASDAQ: WDC) to $65.00 (from $85.00) while maintaining a Buy rating.

The analyst comments "Microns (MU: Unrated) guidance raises concern for WDCs FY23 outlook. Micron... More

Micron Technology (MU) PT Lowered to $70 at Cowen

Cowen analyst Karl Ackerman lowered the price target on Micron Technology (NASDAQ: MU) to $70.00 (from $90.00) while maintaining a Outperform rating.... More

Micron Technology (MU) PT Lowered to $90 at UBS

UBS analyst Timothy Arcuri lowered the price target on Micron Technology (NASDAQ: MU) to $90.00 (from $100.00) while maintaining a Buy rating.... More

Micron Technology (MU) PT Lowered to $72 at Raymond James

Raymond James analyst Chris Caso lowered the price target on Micron Technology (NASDAQ: MU) to $72.00 (from $115.00) while maintaining a Strong Buy rating.... More

Micron Technology (MU) PT Lowered to $80 at JPMorgan

JPMorgan analyst Harlan Sur lowered the price target on Micron Technology (NASDAQ: MU) to $80.00 (from $96.00) while maintaining a Overweight rating.... More

Micron Technology (MU) PT Lowered to $75 at Goldman Sachs

Goldman Sachs analyst Toshiya Hari lowered the price target on Micron Technology (NASDAQ: MU) to $75.00 (from $86.00) while maintaining a Buy rating.... More