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Credit Suisse Bullish On Micron Ahead Of Q2 Results, Raises Target To $70
Tuesday, March 20, 2018 - 1:54pm | 382Micron Technology, Inc. (NASDAQ: MU) is scheduled to report its fiscal second quarter results after Thursday's close and investors should be buyers ahead of the print, according to Credit Suisse. The Analyst Credit Suisse's John Pitzer maintains an Outperform rating on Micron's stock...
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Baird Turns Incrementally Bullish On Micron, Cites Stronger Memory Outlook
Friday, March 16, 2018 - 11:45am | 421Shares of Micron Technology, Inc. (NASDAQ: MU) have gained more than 45 percent since the beginning of the year, but the stock still has room to run, according to Baird. The Analyst Baird Equity Research's Tristan Gerra maintains an Outperform rating on Micron's stock with a price target...
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Nomura Nearly Doubles Micron Price Target, Says Semiconductor Maker Has Further Upside Ahead
Monday, March 12, 2018 - 10:50am | 440Micron Technology, Inc. (NASDAQ: MU) investors seeking to take some profits off the table after the stock's 41-percent gain in 2018 may want to reconsider, as there is room for further upside ahead, according to Nomura Instinet. The Analyst Nomura Instinet's Romit Shah maintains a Buy...
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Despite 'Executing Well,' Pure Storage Catches Analyst Downgrade
Friday, March 2, 2018 - 1:06pm | 367Pure Storage Inc (NYSE: PSTG) reported a top-and-bottom-line beat in its fourth quarter results, but digging beyond the headline numbers reveals a few concerning metrics, according to Susquehanna. The Analyst Susquehanna Financial Group's Mehdi Hosseini downgraded Pure Storage's stock...
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Micron Lifts Q2 Guidance; KeyBanc Says Stock Is A Value Among Peers
Tuesday, February 6, 2018 - 11:42am | 393Micron Technology, Inc. (NASDAQ: MU)'s fiscal second-quarter earnings preview Monday signals that the stock is "too inexpensive to ignore," according to KeyBanc Capital Markets. The Analyst KeyBanc analyst Weston Twigg upgraded Micron Technology's stock rating from Sector...
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Wall Street Reacts After Micron Beats Consensus In Q1
Wednesday, December 20, 2017 - 2:06pm | 717Shares of Micron Technology, Inc. (NASDAQ: MU) is trading up Wednesday after delivering a top- and bottom-line beat in its fiscal first quarter earnings report. Micron guided its fiscal second quarter notably above Street estimates. Here's how Wall Street reacted. Citi: Micron Has The...
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Analyst Sees KLA-Tencor Having A Break Out Year In 2018
Monday, December 18, 2017 - 9:35am | 381After a strong performance throughout 2017, KLA-Tencor Corp (NASDAQ: KLAC) remains an underappreciated stock that will likely "break out" in 2018, according to at least one Wall Street analyst. The Analyst KeyBanc Capital Markets' Weston Twigg upgraded KLA-Tencor's stock ...
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Morgan Stanley: Western Digital's NAND Forecast May Be Overly Bullish
Wednesday, December 13, 2017 - 5:37pm | 586Memory chip partners Western Digital Corp (NASDAQ: WDC) and Toshiba Corp (USA) (OTC: TOSYY) announced a settlement agreement Tuesday to resolve their ongoing disputes in litigation and arbitration. The agreement provides for the companies to participate jointly in future rounds of investment in...
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Why Keybanc Is As Bullish As Ever On Marvell Technology
Wednesday, November 29, 2017 - 10:40am | 401Marvell Technology Group Ltd. (NASDAQ: MRVL) reported third quarter earnings Tuesday, with a top- and bottom-line beat and encouraging guidance for the fourth quarter. The Analyst KeyBanc Capital Markets' Michael McConnell maintains an Overweight rating on Marvell's stock with a...
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Apple Gets An Upgrade Thanks To China, Holidays, And More
Friday, November 3, 2017 - 10:14am | 355Analysts at Rosenblatt Securities have turned more bullish on Apple Inc. (NASDAQ: AAPL). The firm's Jun Zhang upgraded Apple's stock from Neutral to Buy with a price target boosted from $150 to $180. There were three main reasons for the upgrade. China Apple is seeing momentum in China,...
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3 Things Micron Accomplished With Its Stock Offering
Wednesday, October 11, 2017 - 11:44am | 466Micron Technology, Inc. (NASDAQ: MU)'s announcement on Tuesday that it will launch a $1 billion offering of common stock shouldn't necessarily be seen as a negative, analysts at Credit Suisse commented in a research report. The firm's John Pitzer maintains an Outperform rating on Micron's stock...
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Investors With A Healthy Risk Appetite Should Be Buying Micron
Wednesday, September 27, 2017 - 10:16am | 379Shares of Micron Technology, Inc. (NASDAQ: MU) were trading higher by more than 5 percent early Wednesday morning and are now flirting with the stock's 52-week high of $36.60. The company reported Tuesday its fiscal fourth quarter results, which came in above consensus estimates and solidifies the...
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Here's The Catalyst That Could Drive 20% Upside In Micron
Wednesday, September 13, 2017 - 10:57am | 449Micron Technology, Inc. (NASDAQ: MU)'s stock could move higher by as much as 20 percent due to one notable upcoming catalyst, analysts at Goldman Sachs argue. The firm's Mark Delaney upgrades Micron's stock rating from Neutral to Buy with a price target boosted from $33 to $40 ahead of the company'...
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Using Apple As An Indicator For The Memory Market
Monday, September 11, 2017 - 10:15am | 448Apple Inc. (NASDAQ: AAPL) is reportedly looking to prevent Western Digital Corp (NASDAQ: WDC) from acquiring Toshiba Corp's chip business by threatening not to buy its products, Reuters reported last week. Apple currently uses Toshiba's NAND flash memory chips for its iPhone and is afraid...
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Ahead Of Deutsche Tech Conference, Here's What Analysts Want To Ask AMD, Intel and Others
Thursday, September 7, 2017 - 3:07pm | 566Deutsche Bank will host its annual DB Tech Conference on Sept. 12 and 13, highlighting 34 companies within the semiconductor space. Heading into the conference, investors are expecting the group to post "at least in-line to possibly better" results in the third quarter, the firm's...