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MU

Micron

$64.10 /

-0.12 (-0.19%)

09:11
12/01/20
12/01
09:11
12/01/20
09:11

Micron rallies after raising Q1 outlook ahead of presentation

Ahead of Micron Technology CEO Sanjay Mehrotra's presentation today at the Credit Suisse Annual Technology Conference, the company increased its outlook for fiscal Q1, which ends on December 3. Micron raised its Q1 earnings per share outlook to 69c-73 from 40c-54c, and its Q1 revenue outlook to $5.70B-$5.75B from $5.0B-$5.4B. Shares of Micron are up 3%, or $2.11, to $66.20 in premarket trading.

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MU Micron
$64.10 /

-0.12 (-0.19%)

12/01/20 Needham
Micron price target raised to $80 from $65 at Needham
12/01/20 Wells Fargo
Micron price target raised to $75 from $65 at Wells Fargo
11/30/20 Mizuho
Micron to benefit from persistent mobile DRAM shortages, says Mizuho
11/23/20 Deutsche Bank
Micron price target raised to $70 from $60 at Deutsche Bank

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