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MU

Micron

$34.18

-0.69 (-1.98%)

16:07
09/26/17
09/26
16:07
09/26/17
16:07

Micron CEO expects healthy industry fundamentals to continue into 2018

"Micron delivered exceptional fourth quarter and fiscal year results, reflecting solid execution and robust demand for our memory and storage solutions," said Micron President and CEO Sanjay Mehrotra. "We expect healthy industry fundamentals to continue into 2018, supported by increasingly diverse end markets and applications. We believe our focus on accelerating the deployment of advanced technologies and solutions will address our customers' evolving requirements, further strengthen our financial foundation, and enhance shareholder value."

  • 26

    Sep

MU Micron
$34.18

-0.69 (-1.98%)

09/20/17
DBAB
09/20/17
NO CHANGE
Target $42
DBAB
Buy
Micron price target raised to $42 from $37 at Deutsche Bank
Ahead of next week's results, Deutsche Bank analyst Sidney Ho raised his estimates for Micron to reflect a better than expected pricing environment in the second half of 2017. Investors continue to underestimate the staying power of the current cycle, especially for DRAM, Ho tells investors in a research note. He raised his price target for Micron shares to $42 and keeps a Buy rating on the name.
09/21/17
MKMP
09/21/17
NO CHANGE
MKMP
Micron price target raised to $45 from $40 at MKM Partners
MKM Partners analyst Ruben Roy increased his price target on Micron. He says that his checks "indicate expectations for continued positive DRAM trends into Q4 driven by robust server demand and improving mobile demand." He believes that NAND "will likely continue to outperform expectations." Roy keeps a Buy rating on the stock.
09/21/17
LOOP
09/21/17
NO CHANGE
LOOP
Micron can deliver beat and raise results, says Loop Capital
Loop Capital analyst Betsy Van Hees believes that Micron's Q4 results can beat expectations , driven by tight memory supplies, rising prices and cost reductions. She thinks the company will modestly increase its Q1 guidance, as she thinks that its current guidance is conservative. The analyst raised her price target on the shares to $46 from $40 and keeps a Buy rating on the stock.
09/22/17
JPMS
09/22/17
NO CHANGE
Target $40
JPMS
Overweight
Micron's November quarter guidance has upside, says JPMorgan
JPMorgan analyst Harlan Sur sees upside to Micron's November quarter guidance relative to consensus expectations with average selling prices strengthening thus far in September. Further, the analyst believes Micron's demand profile for the remainder of the year continues to strengthen amid "strong" data center spending, Skylake server upgrade cycle, iPhone upgrade cycle, "near-seasonal" PC demand trends and increasing content in automobiles. Ahead of the company's earnings next week, Sur reiterates an Outperform rating on the shares with a $40 price target.

TODAY'S FREE FLY STORIES

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MIC

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BIDU

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VBTX

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BHP

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MSA

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SKX

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, CAI

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DGX

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AAXN

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BPMX

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MBVX

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IBKC

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DRRX

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QCP

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FTR

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DRIO

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CUBI

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MVC

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CELG

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