Micron Technology (MU) Sees Q1 Revs of $4.45B - $4.70B, Est. at $4.36B
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Micron (MU) Price Target Raised to $22-$28 at Wells Fargo; Analyst Maintains Underperform
September 26, 2014 8:24 AM EDTWells Fargo maintained an Underperform rating on Micron Technology (NASDAQ: MU) and raised its price target to $22-$28 (from $19-$24). The change follows Q4 results. Analyst David Wong remains concerned that DRAM prices could correct downward.
For an analyst ratings summary and... More
Micron (MU) Target Raised to 'Street High' $60 at Needham & Company
September 26, 2014 7:47 AM EDTNeedham & 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
September 26, 2014 7:21 AM EDTPiper 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 (MU) PT Bumped to $38 at RBC Capital; Sees 'Re-Rating'
September 26, 2014 6:40 AM EDTRBC 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) Tops Q4 EPS by 2c
September 25, 2014 4:01 PM EDTMicron 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
