Information Provided By:
Fly News Breaks for December 23, 2015
MU
Dec 23, 2015 | 07:14 EDT
Cowen said Micron's earnings were better than had been feared and compared favorably to their estimates. The firm feels gross margins have bottomed and that cost headwinds will now become tailwinds. Cowen believes the share valuation continues to be impacted by weak PC data coupled with inventory fears but the reiterated their Outperform rating and lowered their price target to $22 from $24 on Micron shares.
News For MU From the Last 2 Days
MU
MU
MU
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.