|Bid||42.460 x 1200|
|Ask||42.470 x 1800|
|Day's Range||41.885 - 42.560|
|52 Week Range||20.190 - 49.890|
|PE Ratio (TTM)||9.62|
|Earnings Date||Dec 19, 2017|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||53.93|
The shares are up 17 cents, or 0.4%, at $42.41, after Instinet’s Romit Shah this morning reiterated a Buy rating, and a $50 price target, writing that “any weakness” in the stock on its fiscal Q1 report next Tuesday is a chance to buy the stock you should take it. Things are quite likely to be “volatile,” writes Shah, given "semiconductor stocks haven’t been rewarded for good news over the last month,” citing the examples of Analog Devices (ADI), Applied Materials (AMAT), Broadcom (AVGO), Nvidia (NVDA), and Western Digital (WDC).
Improved demand and pricing for DRAM and NAND supply shortage to propel Micron's (MU) first-quarter fiscal 2018 top- and bottom-line growth.
In advance of Micron Technology’s (MU) fiscal Q1 report next Tuesday, after market close, MKM Partners’s Ruben Roy today reiterates a Buy rating on the shares, and raises his price target two bucks to $54, writing that 2018 should be another strong year for DRAM, and that fears of price declines in NAND flash may be overdone. Micron shares today are up 40 cents, or 0.9%, at $42.45.
Shares of Micron Technology Inc. rose 0.9% in premarket trading Thursday after an analyst at MKM Partners raised his price target to $54 from $52, citing "largely favorable" memory trends. MKM's ...
Let's check out the reasons for the impressive surge in Micron's (MU) share price and consider why the company will continue its momentum in the next year as well.
Micron's (MU) UMC lawsuit, Apple (AAPL) agreeing to back taxes, YouTube's Remix music subscription service and Qualcomm's (QCOM) Snapdragon event made headlines last week.
’Tis the season to make next-year predictions, and Morgan Stanley chip analysts Joseph Moore and Craig Hettenbach and colleagues today offer up a group piece that predicts a more “mixed” 2018 for semiconductors than was the “exceptional” 2017. Remember that Moore’s colleague, Katy Huberty, warned about falling NAND flash prices two weeks ago, when she downgraded shares of Western Digital (WDC). Moore & Co. are back again today with the warning that, “supply is accelerating in some areas in 2018,” including NAND.
Micron Technology, Adobe Systems and Red Hat are 3 tech leaders with 95+ Composite Ratings that found support at their 50-day lines with earnings on tap.
On December 7, Edison International rose 4.4% and closed the day at $71.77. It's part of the S&P 500 utility sector, which rose 0.1% on Thursday.
Under the Senate’s proposal, companies would be allowed to expense 100% of their capital spending for the next five years.
Micron Technology Inc. shares rose 1.6% in Friday morning trade after analysts at Susquehanna raised their price target on the stock to $60 from $54. The analysts, led by Medhi Hosseini, wrote that "Micron's ...
The Zacks Analyst Blog Highlights: Technology Select Sector SPDR, Advanced Micro Devices, NVIDIA, Micron Technology and iShares PHLX Semiconductor
Micron Technology (MU) rose to the top of the S&P 500 today as investors decided it was time to buy some beaten-down tech stocks. Micron Technology gained 3.3% to $41.21 today, while the S&P 500 declined ...
Banks, retailers and other sectors are surging, but chip stocks such as Nvidia, Micron and Applied Materials are breaking support. Can the broader market rally if semiconductors are ailing?
NEW YORK, NY / ACCESSWIRE / December 4, 2017 / Ambarella shares were on fire in Friday trading after better than expected quarterly results. Shares of Micron closed slightly in the red with continued losses ...
Here are MarketWatch articles to read this weekend. By Phil van Doorn.
Robert Maire of Semiconductor Advisors this afternoon takes a look at the fierce selling this week of Micron Technology (MU), as well as chip equipment stocks linked to memory-chip making, such as Lam Research (LRCX), and concludes that fear has taken over. All that was prompted by worries about NAND flash prices that first came to the fore on Monday with a report from Morgan Stanley, although Morgan Stanley analyst Joseph Moore actually defended Micron shares repeatedly. This is “knee jerk” reaction: The chip & chip equipment stocks continued their sell off today.
Shares of Micron Technology continue to go lower today, apparently driven by worries about NAND flash prices that first came to the fore on Monday with a report from Morgan Stanley. Interestingly, although another cautious note came out last night, this one from KeyBanc Capital Markets, the Morgan Stanley analyst who covers Micron, Joseph Moore, today again defends the stock, as he had on Monday.