Micron (MU) Price Target Raised to $22-$28 at Wells Fargo; Analyst Maintains Underperform

Micron (MU) Target Raised to 'Street High' $60 at Needham & Company

Needham & Company analyst Rajvindra Gill reiterated a Buy rating on Micron Technology (NASDAQ: MU) and boosted his price target to a Street High $60 (from $50) following Q4 results on improving DRAM pricing and NAND margin tailwinds.

Gill commented, "We are increasing our PT on MU to $60 from... More

Micron Technology (MU) Lifted to $43 at Piper Jaffray; More Growth Ahead

Piper Jaffray analyst Ruben Roy reiterated an Overweight rating on Micron Technology (NASDAQ: MU) and boosted his price target to $43.00 (from $41.00) following strong earnings.

Roy commented, "We reiterate our Overweight rating on MU and tick up our PT to $43 ($41 previously) following strong F4Q14... More

Micron Technology (MU) PT Lifted to $42 at Jefferies; 'Time to Buy'

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

Micron (MU) PT Bumped to $38 at RBC Capital; Sees 'Re-Rating'

RBC Capital analyst Doug Freedman bumped his price target on Outperform-rated Micron Technology (NASDAQ: MU) to $38.00 (from $37.00) following Q4 results saying the stock remains a re-rating on investor confidence story.

Freedman commented, "Solid beat and raise results on stronger than expected DRAM and NAND revenues. $3 in baseline FCF is probably exceeded, and we model MU running in the $3.50... More

Micron Technology (MU) Sees Q1 Revenue of $4.45-$4.70 Billion

Micron Technology (NASDAQ: MU) Sees Q1 Revenue of $4.45B-$4.70B vs consensus of $4.36B

Market Wrap: Dow Slips Most Since July; OS Update, iPhone 6 Problems Hit Apple; GM Back to Investment Grade

Market wrap for September 25th

End of the Day: S&P 500 down 32.3 to 1,965.99; Dow Jones down 264.3 to 16,945.80; Nasdaq down 88.5 to 4,466.75

* The DJIA closed down 264.3 points, the largest drop since July 31, when the index ended 317.06 points. While there was no single driver behind today's selling, the combination of China not moving to offer more aggressive stimulus measures and quarter-end portfolio adjustments, combined with a low-volume session, exacerbated already shaky market conditions.

* In the week ending September 20, the advance... More

Micron Technology (MU) Sees Q1 Revs of $4.45B - $4.70B, Est. at $4.36B

Micron Technology (NASDAQ: MU) sees Q1 revs of $4.45 - $4.70 billion, with estimates at $4.36 billion.

Micron Technology (MU) Tops Q4 EPS by 2c

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

UBS Sees In Line to Above FQ4 Results at Micron Technology (MU)

UBS maintained a Buy rating on Micron Technology (NASDAQ: MU) and boosted its price target to $36.00 (from $35.00). Analyst Stephen Chin expects in line to above earnings results in August.

"We believe favorable F4Q DRAM and NAND ASP trends continue to be favorable for... More