Micron Technology, Inc. (MU) Misses Q1 EPS by 8c

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CLSA Downgrades Micron Technology (MU) to Outperform

December 21, 2012 11:39 AM EST

Earlier, CLSA downgraded Micron Technology (NASDAQ: MU) from Buy to Outperform following Q1 results.

For an analyst ratings summary and ratings history on Micron Technology click here. For more ratings news on Micron Technology click here.

Shares of Micron Technology closed at $6.79 yesterday, with a 52 week range of $5.16-$9.16.... More

Worst Is Behind, Buy Micron (MU) On Weakness - Analyst

December 21, 2012 8:25 AM EST

Yesterday, Micron Technology, Inc. (NASDAQ: MU) reported Q1 EPS of ($0.27), $0.08 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $1.88 million versus the consensus estimate of $2.02 million.

Commenting on the developments, analyst Betsy Van Hees of Wedbush said, "Micron... More