Micron Technology (MU) PT Lowered to $140 at Needham
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Micron Technology (MU) stock dips as Needham sees risk to November consensus estimates
August 26, 2024 9:27 AM EDTMicron Technology (NASDAQ: MU) stock is down over 1% Monday as analysts at Needham & Company expressed concerns over the company's near-term outlook, reducing their price target from $150 to $140.
While maintaining a Buy rating on the stock, Needham flagged potential risks to November consensus estimates due to tempered expectations for the upcoming quarter.
At Needham's 5th Annual Virtual Semiconductor and SemiCap 1x1 Conference, Micron reiterated that bit... More
Micron Technology (MU) PT Lowered to $175 at Susquehanna, 'recent pull back makes MU risk/reward profile attractive'
August 22, 2024 7:41 AM EDTSusquehanna analyst Mehdi Hosseini lowered the price target on Micron Technology (NASDAQ: MU) to $175.00 (from $185.00) while maintaining a Positive rating.
The analyst comments "Updating estimates following MU's recent commentary that Nov-Q DRAM/NAND bit shipment tracking to flattish Q/Q while also incorporating our most updated pricing assumptions (summarized separately in an industry note - link). We... More
