Micron Technology (MU) Tops Q4 EPS by 4c, Guidance Misses

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Go back to Micron Technology (MU) Tops Q4 EPS by 4c, Guidance Misses

Micron Technology (MU) PT Lowered to $70 at BMO Capital

September 30, 2022 6:46 AM EDT

BMO Capital analyst Ambrish Srivastava lowered the price target on Micron Technology (NASDAQ: MU) to $70.00 (from $80.00) while maintaining a Outperform rating following earnings.

The analyst commented, "We said heading into earnings that our thesis will be put to a severe test... More

Micron Technology (MU) Shares Decline After Revenue, Guidance Misses Expectations

September 29, 2022 4:15 PM EDT

Shares of Micron Technology (NASDAQ: MU) fell over 2% in after-hours trading on Thursday after the company posted fiscal fourth-quarter earnings.

The company topped profit expectations with earnings per share coming in at $1.45, $0.04 better than the analyst estimate of $1.41. However, revenue missed estimates, coming in at $6.64... More