Micron Technology (MU) Sees Q1 Revenue of $4.45-$4.70 Billion
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September 26, 2014 8:24 AM EDT
Wells Fargo maintained an Underperform rating on Micron Technology (NASDAQ: MU) and raised its price target to $22-$28 (from $19-$24). The change follows Q4 results. Analyst David Wong remains concerned that DRAM prices could correct downward.
For an analyst ratings summary and... More
September 26, 2014 6:46 AM EDT
Jefferies analyst Sundeep Bajikar reiterated a Buy rating and boosted his price target on Micron Technology (NASDAQ: MU) to $42.00 (from $40.00) following Q4 results, saying results were a wake up calls for DRAM closet bears and it is 'time to buy.'
Bajikar commented,... More
September 25, 2014 4:01 PM EDT
Micron Technology (NASDAQ: MU) reported Q4 EPS of $0.82, $0.02 better than the analyst estimate of $0.80. Revenue for the quarter came in at $4.23 billion versus the consensus estimate of $4.15 billion.
"We are pleased with the company's performance that resulted in record revenue and... More
