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

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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

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

December 20, 2012 4:05 PM EST

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.

For earnings history and earnings-related data on Micron Technology, Inc. (MU) click here.... More

Jefferies Positive on Micron Technology (MU) as Wafer Prices Stabilize

December 19, 2012 8:22 AM EST

Analysts at Jefferies are positive for Micron Technology (NASDAQ: MU), as they see stabilization in DRAM prices and favorable conditions for NAND. They think this will lead to margin expansion.

"NAND Contract Prices increased by 17% QTD, and we expect prices to remain favorable... More