Micron Technology (MU) Q2 Revenue, EPS Guidance Misses

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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) PT Lowered to $48 at Deutsche Bank

December 19, 2018 4:42 AM EST

Deutsche Bank analyst Sidney Ho lowered the price target on Micron Technology (NASDAQ: MU) to $48.00 (from $60.00) while maintaining a Buy rating.

... More

UPDATE: RBC Capital Downgrades Micron Technology (MU) to Sector Perform

December 19, 2018 2:46 AM EST

(Updated - December 19, 2018 6:51 AM EST)

(updated to add analyst comments)

RBC Capital analyst Amit Daryanani downgraded Micron Technology (NASDAQ: MU) from Outperform to Sector Perform with a price target of $40.00 (from $59.00).

Daryanani cited:

1) Inventory risk

2) Demand... More