Information Provided By: 
Fly News Breaks for December 23, 2015
MU
Dec 23, 2015 | 07:01 EDT
Credit Suisse analyst John Pitzer said Micron reported an inline Q1 but guided Q2 to a loss of 5c-12c, well below his street low estimate for a profit of 5c-10c and consensus of 22c. Pitzer believes Q2 will represent a bottom in bit growth with accelerating cost decline from 20nm DRAM and increasing mix of LPDDR4 expected to drive gross margin improvement and a return to profitability in second half 2016. The analyst sees limited downside to shares and maintains his Outperform rating but lowers his price target to $20 from $25.
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
