Micron Technology (MU) Lifted to $43 at Piper Jaffray; More Growth Ahead

Micron (MU) Price Target Raised to $22-$28 at Wells Fargo; Analyst Maintains Underperform

Wells 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

Needham & 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) PT Lifted to $42 at Jefferies; 'Time to Buy'

Jefferies analyst Sundeep Bajikar reiterated a Buy rating and boosted his price target on Micron Technology (NASDAQ: MU) to $42.00 (from $40.00) following Q4 results, saying results were a wake up calls for DRAM closet bears and it is 'time to buy.'

Bajikar commented,... More

Micron (MU) PT Bumped to $38 at RBC Capital; Sees 'Re-Rating'

RBC 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) Sees Q1 Revs of $4.45B - $4.70B, Est. at $4.36B

Micron Technology (NASDAQ: MU) sees Q1 revs of $4.45 - $4.70 billion, with estimates at $4.36 billion.

Micron Technology (MU) Tops Q4 EPS by 2c

Micron 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