Micron Technology, Inc., Reports Results for the Third Quarter of Fiscal 2014
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Go back to Micron Technology, Inc., Reports Results for the Third Quarter of Fiscal 2014
June 24, 2014 10:12 AM EDT
After trading lower after-hours and flat at the open, Micron Technology (NASDAQ: MU) is now up 4% as investors focus on positive sell-side commentary.
Today most bullish call came from Needham & Company's Rajvindra Gill. The analyst... More
June 24, 2014 9:32 AM EDT
Goldman Sachs maintained a Neutral rating on Micron Technology (NASDAQ: MU) with a price target of $29. Despite solid Q3 sales, analyst Mark Delaney remains concerned about long-term margins.
"Positively, EPS was above the Street and... More
June 24, 2014 8:18 AM EDT
Jefferies analyst Sundeep Bajikar reiterated a Buy rating and raised his price target on Micron Technology (NASDAQ: MU) to $38.00 (from $32.00) following Q3 results saying the stock is still cheap given $4+ EPS power.
Bajikar commented, "Over the last 3 quarters Micron has solidly... More
June 24, 2014 7:28 AM EDT
Needham & Company upgraded Micron Technology (NASDAQ: MU) from Buy to Strong Buy with a price target of $50.00 (from $40.00) citing long-term tailwinds in NAND gross margins.
Analyst Rajvindra Gill said, "While implied GM guidance was slightly below expectations, we see MU making the right... More
June 24, 2014 7:12 AM EDT
BofA/Merrill Lynch analyst Simon Dong-je Woo reiterated a Buy rating on Micron Technology (NASDAQ: MU) and raised his price target to $43.00 (from $40.00) following Q3 results citing better earnings momentum.
"New guidance following May-end FQ3-14 results clearly confirms up-cycle or... More
June 24, 2014 7:03 AM EDT
Piper Jaffray analyst Ruben Roy reiterated an Overweight rating on Micron Technology (NASDAQ: MU) and raised his price target to $41.00 (from $39.00) following solid F3Q14 earnings and a continued strong outlook through 2015.
"While pricing and mix likely lead to... More
