Micron Technology (MU) Guides for Q4 Loss
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Susquehanna Remains Positive on Micron Technology (MU) as Industry Fundamentals Improve
July 1, 2016 8:12 AM EDTSusquehanna reiterated a Positive rating and $18.00 price target on Micron Technology (NASDAQ: MU) as industry fundamentals continue to improve.
Analyst Mehdi Hosseini commented, "MU's May Q print and Aug Q guide appears more intimidating than it really is, as we believe MU's fundamentals... More
Cowen Says to Buy Micron (MU) on Today's Weakness; Sees Cost Execution Finally Improving
July 1, 2016 6:36 AM EDTCowen and Company affirms Micron Technology (Nasdaq: MU) with an Outperform rating and $15 price target following Q3 results and outlook issued by the company on Thursday night.
Analyst Tim Arcuri commented Friday: While guidance was below even our Street-low and... More
Micron Technology (MU) Tops Q3 EPS by 1c; Will Implement Restructuring Plan
June 30, 2016 4:03 PM EDTMicron Technology (NASDAQ: MU) reported Q3 EPS of ($0.08), $0.01 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.96 billion.
"Although we have made good progress in deploying our advanced DRAM and NAND technologies, we continue to face challenging market conditions," said Micron CEO Mark Durcan. "To address the current market... More
