Worst Is Behind, Buy Micron (MU) On Weakness - Analyst
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December 21, 2012 11:39 AM EST
Earlier, CLSA downgraded Micron Technology (NASDAQ: MU) from Buy to Outperform following Q1 results.
For an analyst ratings summary and ratings history on Micron Technology click here. For more ratings news on Micron Technology click here.
Shares of Micron Technology closed at $6.79 yesterday, with a 52 week range of $5.16-$9.16.... More
December 20, 2012 4:05 PM EST
Micron Technology, Inc. (NASDAQ: MU) reported Q1 EPS of ($0.27), $0.08 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $1.88 million versus the consensus estimate of $2.02 million.
For earnings history and earnings-related data on Micron Technology, Inc. (MU) click here.... More
December 19, 2012 8:22 AM EST
Analysts at Jefferies are positive for Micron Technology (NASDAQ: MU), as they see stabilization in DRAM prices and favorable conditions for NAND. They think this will lead to margin expansion.
"NAND Contract Prices increased by 17% QTD, and we expect prices to remain favorable... More
