Micron Technology, Inc., Reports Results for the First Quarter of Fiscal 2019

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Micron Technology (MU) PT Lowered to $40 at FBN Securities

December 19, 2018 9:41 AM EST

FBN Securities analyst Shebly Seyrafi lowered the price target on Micron Technology (NASDAQ: MU) to $40.00 (from $65.00) while maintaining a Outperform rating.

The analyst commented, "We reiterate our Outperform rating on MU and lower our PT from $65 to $40. MU has recently entered a... More

Micron Technology (MU) PT Lowered to $75 at Rosenblatt on 'Kitchen Sink' Outlook

December 19, 2018 7:05 AM EST

Rosenblatt analyst Hans Mosesmann lowered the price target on Micron Technology (NASDAQ: MU) to $75.00 (from $86.00) while maintaining a Buy rating.

Mosesmann commented, "Micron's throw-everything-and-the-kitchen-sink outlook, while sporting ~38% operating margins, is simply unheard of in a down cycle and demonstrates the resiliency... More

Micron Technology (MU) Tops Q1 EPS by 1c, Revenue Misses

December 18, 2018 4:01 PM EST

Micron Technology (NASDAQ: MU) reported Q1 EPS of $2.97, $0.01 better than the analyst estimate of $2.96. Revenue for the quarter came in at $7.91 billion versus the consensus estimate of $8.02 billion.

Micron sees Q2 EPS of $1.75 at mid-point and revenue of $5.7-$6.3 Billion. (*Street sees Q2... More