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Fly News Breaks for October 2, 2015
MU
Oct 2, 2015 | 07:16 EDT
UBS analyst Stephen Chin said Micron's gross margin guidance of flat to down 250 basis points is "much better than the bear case" and could mark a trough in the near-term. However, normal DRAM seasonal weakness, typically seen in the February quarter, could push Micron's gross margin trough out by one quarter, Chin advises. The analyst, who views Micron's recent shift in sales away from PCs and more towards mobile favorably, keeps a Buy rating and $20 price target on the stock.
News For MU From the Last 2 Days
MU
Apr 18, 2024 | 16:26 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MU
Apr 18, 2024 | 16:25 EDT
MU
Apr 18, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
