Chipmaker Micron's forecast powered by improving PC market
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Brean Capital Raises Price Target on Micron Technology (MU) Following 1Q Earnings Report
December 22, 2016 9:38 AM ESTBrean Capital reiterated a Buy rating on Micron Technology (NASDAQ: MU), and raised the price target to $28.00 (from $25.00), following the company's 1Q earnings report. MU reported Nov-16Q revenue of $3.97B, which was above the mid-point of its pre-announced revenue of $3.94B and ahead of Consensus of $3.80B. OPEX for the Nov-16Q increased by about 10% Q/Q and this resulted in non-GAAP EPS of $0.32 vs. Consensus of $0.28.
Analyst Mike Burton... More
Deutsche Bank Raises Price Target on Micron Technology (MU) to $26 Following 1Q
December 22, 2016 8:25 AM ESTDeutsche Bank reiterated a Buy rating on Micron Technology (NASDAQ: MU), and raised the price target to $26.00 (from $24.00), following the company's 1Q earnings report.
Analyst... More
