Information Provided By:
Fly News Breaks for December 19, 2019
MU
Dec 19, 2019 | 08:40 EDT
Deutsche Bank analyst Sidney Ho raised his price target for Micron Technology to $65 from $55 and maintains a Buy rating on the shares following last night's fiscal Q1 results. Trends in both DRAM and NAND are improving and management commentary supports a second half of 2020 recovery in DRAM, the most important question for the memory business going into the new year, Ho tells investors in a research note. He believes a valuation multiple modestly above its historical book value is appropriate with Micron approaching a cyclical upturn.
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.