Page 76 - Mu News Today

Micron Technology (NASDAQ:MU – Get Free Report) posted its earnings results on Wednesday. The semiconductor manufacturer reported ($1.07) EPS for the quarter, beating analysts’ consensus estimates of ($1.15) by $0.08, MarketWatch Earnings reports. The firm had revenue of $4.01 billion during the quarter, compared to the consensus estimate of $3.95 billion. Micron Technology had a […]

Ballast Inc. raised its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 7.3% during the 2nd quarter, Holdings Channel reports. The firm owned 13,616 shares of the semiconductor manufacturer’s stock after buying an additional 925 shares during the quarter. Ballast Inc.’s holdings in Micron Technology were worth $859,000 at the end of the […]

Advisors Management Group Inc. ADV lowered its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,994 shares of the semiconductor manufacturer’s stock after selling 258 shares during the period. […]

Micron Technology, Inc. (NASDAQ:MU – Get Free Report)’s share price traded up 4.9% during mid-day trading on Friday after Robert W. Baird raised their price target on the stock from $60.00 to $65.00. Robert W. Baird currently has a neutral rating on the stock. Micron Technology traded as high as $68.50 and last traded at […]

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Micron Technology (NASDAQ:MU – Get Free Report) had its price target upped by research analysts at Evercore ISI from $80.00 to $90.00 in a report issued on Tuesday, MarketBeat.com reports. The brokerage currently has an “outperform” rating on the semiconductor manufacturer’s stock. Evercore ISI’s price target would indicate a potential upside of 31.95% from the […]

Micron Technology (NASDAQ:MU – Get Free Report) updated its first quarter 2024 earnings guidance on Wednesday. The company provided EPS guidance of -$1.14–$1.00 for the period, compared to the consensus EPS estimate of -$0.90. The company issued revenue guidance of $4.20 billion-$4.60 billion, compared to the consensus revenue estimate of $3.97 billion. Micron Technology also […]

Micron might have disappointed investors with its margin outlook but investors should still want to be positioned for a memory-chip upturn, UBS says.