Form 10-Q MICRON TECHNOLOGY INC For: Nov 28
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Stay long AI-capex winners into the peak, Stifel says despite bubble fears
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Bernstein SocGen Group Defending Micron Technology (MU): '15% drop in premarket seems overdone'
December 19, 2024 6:28 AM ESTBernstein SocGen Group analyst Mark Li reiterated an Outperform rating and $120.00 price target on Micron Technology (NASDAQ: MU).
The analyst comments "Micron FQ2 guidance was a big miss mainly due to a temporary slow down in eSSD, but DRAM still relatively solid. FQ1 results were in line but the 9% QoQ rev drop guided for FQ2 missed even our cautious forecast, mostly due to meaningful but temporary moderation in eSSD. DRAM outlook is solid but will drag FQ2 GM 1ppt down QoQ. On HBM, Micron increased CY25 TAM estimate & painted a... More
