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Fly News Breaks for March 21, 2019
MU
Mar 21, 2019 | 06:19 EDT
Mizuho analyst Vijay Rakesh raised his price target for Micron Technology to $47 from $44 saying that while the company's May quarter guidance fell significantly below consensus, it is still better than some "dire expectations" of break-even margins. Micron noted near-term inventory and pricing challenges, but also announced further capex supply cuts and is cutting DRAM//NAND wafer starts by 5%, Rakesh tells investors in a post-earnings research note. The analyst reduced his estimates "significantly" but maintains a Buy rating on Micron.
News For MU From the Last 2 Days
MU
Mar 26, 2024 | 08:56 EDT
Monday's total option volume of 35.0 million contracts resulted in net open interest growth of 5.07 million calls and 4.24 million puts. Tesla (TSLA), NVIDIA (NVDA), Micron (MU) and Advanced Micro Devices (AMD) saw the greatest growth. Top five new positions opened include 48k Warner Bros. Discovery (WBD) 5/3 weekly 7 puts, 43k DoorDash (DASH) Jun-24 120 calls, 43k Bumble (BMBL) May-24 9 puts, 29k Tesla (TSLA) 3/28 weekly 170 puts and 25k Tesla (TSLA) 4/26 weekly 150 puts.