Breaking News Instant updates and real-time market news.

MU

Micron

$34.12

0.23 (0.68%)

06:53
12/19/18
12/19
06:53
12/19/18
06:53

Micron shares will take a little longer to work, says Barclays

Barclays analyst Blayne Curtis says Micron Technology last night posted results roughly in line with the November negative pre-announce but guided well below expectations due to elevated inventory levels across the Cloud, Graphics, and Enterprise markets. The market has been expecting a reset for some time and this goes a long way to delivering the trough people want, Curtis tells investors in a post-earnings research note. However, he believes all investors won't be convinced this is the bottom in the memory market and that the stock will take a little longer to work. The analyst lowered his price target for Micron shares to $46 from $50 and keeps an Overweight rating on the name.

  • 08

    Jan

MU Micron
$34.12

0.23 (0.68%)

12/13/18
MKMP
12/13/18
NO CHANGE
Target $50
MKMP
Buy
Micron FY19 EPS lowered at MKM Partners on slowing 'bit growth'
MKM Partners analyst Ruben Roy kept his Buy rating and $50 price target on Micron but lowered his FY19 EPS view to $10.10 from $11.11 ahead of its earnings report scheduled for next Tuesday. The analyst believes that the "complexities related to DRAM scaling coupled with likely capital expenditure cuts will limit bit growth over the next few years", pressuring next year's growth rate below 20%. With deteriorating demand trends into year-end, Roy states that a more conservative approach to his DRAM average selling price assumptions is warranted.
12/17/18
COWN
12/17/18
NO CHANGE
Target $45
COWN
Outperform
Micron price target lowered to $45 from $62 at Cowen
Cowen analyst Karl Ackerman lowered his price target on Micron to $45 from $62 and reduced his CY19 estimate to $7.00 from $8.25, which he notes is below the Street's $9.25. He believes the buyside may have already priced in even lower earnings for 2019. He said the near-term remains challenged and expects the company to significantly guide below consensus after they pre-announced an in-line quarter just a month ago. However, Ackerman maintained his Outperform rating on Micron shares.
12/19/18
RBCM
12/19/18
DOWNGRADE
Target $40
RBCM
Sector Perform
Micron downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital analyst Amit Daryanani downgraded Micron Technology to Sector Perform and lowered his price target for the shares to $40 from $59.
12/19/18
PIPR
12/19/18
NO CHANGE
Target $36
PIPR
Neutral
Micron price target lowered to $36 from $48 at Piper Jaffray
Piper Jaffray analyst Harsh Kumar lowered his price target for Micron Technology to $36 and keeps a Neutral rating on the shares. Micron provided guidance well below Street expectations due to a broad-based slowdown in several key markets, an inventory build, CPU shortages, and a weakening mobile unit landscape, Kumar tells investors in a post-earnings research note. Today, supply still appears to be ahead of demand, and Micron is reducing its capital expenditures to slow DRAM and NAND bit growth, adds the analyst. Kumar says he didn't walk away from yesterday's results and earnings call "with any hard facts that lead us to believe the second half of 2019 will mark the bottom."

TODAY'S FREE FLY STORIES

FB

Facebook

$189.62

0.81 (0.43%)

, PYPL

PayPal

$103.11

-0.43 (-0.42%)

06:28
10/17/19
10/17
06:28
10/17/19
06:28
Periodicals
Facebook's Marcus says Libra 'absolutely not' in jeopardy, Yahoo Finance reports »

Facebook's (FB)…

FB

Facebook

$189.62

0.81 (0.43%)

PYPL

PayPal

$103.11

-0.43 (-0.42%)

EBAY

eBay

$38.91

0.03 (0.08%)

BKNG

Booking Holdings

$2,028.24

10.61 (0.53%)

V

Visa

$177.87

-0.93 (-0.52%)

MA

MasterCard

$278.40

-0.24 (-0.09%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 23

    Oct

  • 23

    Oct

  • 23

    Oct

  • 24

    Oct

  • 27

    Oct

  • 29

    Oct

  • 29

    Oct

  • 30

    Oct

NFLX

Netflix

$286.83

2.59 (0.91%)

06:27
10/17/19
10/17
06:27
10/17/19
06:27
Recommendations
Netflix analyst commentary  »

Netflix reported a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

MAT

Mattel

$11.50

0.105 (0.92%)

, WMT

Walmart

$119.44

-0.08 (-0.07%)

06:24
10/17/19
10/17
06:24
10/17/19
06:24
Periodicals
Walmart, Mattel 'lease floors' in KidHQ interactive store, WSJ reports »

Mattel (MAT) and Walmart…

MAT

Mattel

$11.50

0.105 (0.92%)

WMT

Walmart

$119.44

-0.08 (-0.07%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

  • 13

    Nov

  • 14

    Nov

CXP

Columbia Property

$20.31

0.05 (0.25%)

06:24
10/17/19
10/17
06:24
10/17/19
06:24
Downgrade
Columbia Property rating change  »

Columbia Property…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Oct

  • 12

    Nov

GTLS

Chart Industries

$58.79

-0.38 (-0.64%)

06:23
10/17/19
10/17
06:23
10/17/19
06:23
Earnings
Chart Industries sees FY20 adjusted EPS $4.75-$5.25, consensus $5.06 »

Sees FY20 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 14

    Nov

AAPL

Apple

$234.59

-0.67 (-0.28%)

06:22
10/17/19
10/17
06:22
10/17/19
06:22
Recommendations
Apple analyst commentary  »

Apple price target raised…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Oct

GTLS

Chart Industries

$58.79

-0.38 (-0.64%)

06:21
10/17/19
10/17
06:21
10/17/19
06:21
Earnings
Chart Industries lowers 2019 non-GAAP EPS view to $2.70-$2.90 from $2.85-$3.20 »

Consensus for 2019 EPS is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 14

    Nov

WLL

Whiting Petroleum

$6.65

-0.07 (-1.04%)

06:20
10/17/19
10/17
06:20
10/17/19
06:20
Downgrade
Whiting Petroleum rating change  »

Whiting Petroleum…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Oct

  • 06

    Nov

LILA

Liberty Latin America

$18.14

0.14 (0.78%)

06:20
10/17/19
10/17
06:20
10/17/19
06:20
Upgrade
Liberty Latin America rating change  »

Barclays upgrades Liberty…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TSLA

Tesla

$259.78

1.95 (0.76%)

06:19
10/17/19
10/17
06:19
10/17/19
06:19
Periodicals
Tesla granted car manufacturing certificate in China, Reuters reports »

China's industry…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

CXP

Columbia Property

$20.31

0.05 (0.25%)

06:19
10/17/19
10/17
06:19
10/17/19
06:19
Downgrade
Columbia Property rating change  »

Columbia Property…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Oct

  • 12

    Nov

GTLS

Chart Industries

$58.79

-0.38 (-0.64%)

06:18
10/17/19
10/17
06:18
10/17/19
06:18
Earnings
Chart Industries reports Q3 adjusted EPS 77c, consensus 77c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 14

    Nov

JNJ

Johnson & Johnson

$135.20

2.36 (1.78%)

, TEVA

Teva

$6.94

-0.02 (-0.29%)

06:17
10/17/19
10/17
06:17
10/17/19
06:17
Periodicals
J&J offers to pay $4B to settle opioid litigation, WSJ reports »

Johnson & Johnson…

JNJ

Johnson & Johnson

$135.20

2.36 (1.78%)

TEVA

Teva

$6.94

-0.02 (-0.29%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Nov

TELNY

Telenor

$0.00

(0.00%)

06:15
10/17/19
10/17
06:15
10/17/19
06:15
Downgrade
Telenor rating change  »

Telenor downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

UN

Unilever; also tag UL

$59.71

1.25 (2.14%)

, UL

Unilever; also tag UN

$59.40

1 (1.71%)

06:14
10/17/19
10/17
06:14
10/17/19
06:14
Periodicals
Unilever cuts prices in U.S. amid shampoo rivalry with P&G, WSJ reports »

Unilever (UN, UL) CFO…

UN

Unilever; also tag UL

$59.71

1.25 (2.14%)

UL

Unilever; also tag UN

$59.40

1 (1.71%)

PG

Procter & Gamble

$116.77

0.3 (0.26%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Oct

  • 22

    Oct

NTRA

Natera

$36.30

-2.915 (-7.43%)

06:14
10/17/19
10/17
06:14
10/17/19
06:14
Syndicate
Natera 5.71M share Secondary priced at $35.00 »

The deal priced below the…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

NTRA

Natera

$36.30

-2.915 (-7.43%)

06:14
10/17/19
10/17
06:14
10/17/19
06:14
Syndicate
Natera 5.714M share Secondary priced at $35.00 »

JPMorgan, Morgan Stanley,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

NFLX

Netflix

$286.83

2.59 (0.91%)

, DIS

Disney

$130.95

1.18 (0.91%)

06:12
10/17/19
10/17
06:12
10/17/19
06:12
Downgrade
Macquarie downgrades Netflix to Neutral on slowing U.S. growth »

Macquarie analyst Tim…

NFLX

Netflix

$286.83

2.59 (0.91%)

DIS

Disney

$130.95

1.18 (0.91%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Oct

  • 24

    Oct

  • 29

    Oct

  • 07

    Nov

NFLX

Netflix

$286.83

2.59 (0.91%)

06:12
10/17/19
10/17
06:12
10/17/19
06:12
Recommendations
Netflix analyst commentary  »

Netflix remains long-term…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

MUX

McEwen Mining

$1.50

0.015 (1.01%)

06:12
10/17/19
10/17
06:12
10/17/19
06:12
Hot Stocks
McEwen Mining reports Q3 production 45,930 gold equivalent ounces »

McEwen Mining reported…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

IGLD

Internet Gold

$18.90

(0.00%)

06:08
10/17/19
10/17
06:08
10/17/19
06:08
Hot Stocks
Internet Gold sees Searchlight Transaction closing on November 7 »

Internet Gold announced,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

STI

SunTrust

$68.28

0.23 (0.34%)

06:07
10/17/19
10/17
06:07
10/17/19
06:07
Earnings
SunTrust reports Q3 EPS $1.34, consensus $1.41 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 12

    Nov

ERIC

Ericsson

$8.63

0.175 (2.07%)

06:07
10/17/19
10/17
06:07
10/17/19
06:07
Conference/Events
Ericsson to host investor update conference call »

Conference call to be…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 17

    Oct

UNTY

Unity Bancorp

$21.12

-0.45 (-2.09%)

06:06
10/17/19
10/17
06:06
10/17/19
06:06
Earnings
Breaking Earnings news story on Unity Bancorp »

Unity Bancorp reports Q3…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

F

Ford

$9.06

-0.02 (-0.22%)

, AMZN

Amazon.com

$1,777.43

8.73 (0.49%)

06:06
10/17/19
10/17
06:06
10/17/19
06:06
Hot Stocks
Ford introduces North America's largest electric vehicle charging network »

Ford (F) is offering its…

F

Ford

$9.06

-0.02 (-0.22%)

AMZN

Amazon.com

$1,777.43

8.73 (0.49%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Oct

  • 23

    Oct

  • 24

    Oct

  • 27

    Oct

  • 29

    Oct

  • 21

    Nov

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.