Micron Technology

Wells Fargo is out with its report today on Micron Technology (NYSE: MU), upgrading MU to Outperform. In a note to clients, Wells Fargo writes, "We are upgrading Micron to Outperform from Market Perform. Our valuation range of $10-12, based on 10-12x our FY2012 EPS estimate of $1.01, implies good...

Wells Fargo has upgraded Micron Technology (NASDAQ: MU) from Market Perform to Outperform.

Lazard Capital is out with its report today on Micron Technology (NYSE: MU), maintaining Buy. In a note to clients, Lazard Capital writes, "Based on our meetings with management we believe the Street is too bearish on recent DRAM spot market price declines and is directly correlating the stock to...

Deutsche Bank commented on Micron Technology (NASDAQ: MU) in a report released yesterday. In the report, Deutsche Bank was neutral in its outlook of the company. Deutsche Bank writes, “Micron continues to see modest improvement in commodity DRAM pricing while pricing for speciality products...

According to Morgan Stanley, Micron Technology (NASDAQ: MU) PC DRAM business or ~20% of sales faces headwinds on slowing DRAM price momentum in the next two months unless PC unit sell through begins to improve significantly. Morgan Stanley said that it thinks stock could remain range bound $9-$12...

Wall Street Strategies has raised Micron Technology Inc.'s (NASDAQ: MU) Price Target from $12.50 to $13.50. According to the report, "We are seeing a much better growth environment for all of Micron's memory businesses in terms of revenue growth, cost reductions, and rapidly growing earnings, all...

Lazard Capital Markets has issued a report giving Micron Technology (NASDAQ: MU) a Buy Rating. According to the report, "MU posted $2.257B in rev and EPS of $0.07, better than LCMe of $2.01B/$0.04 and the Street's $2.065B/$0.04. GM came in at 19% vs. our estimate of 22%, but the company benefited...

Wedbush Securities has published a research report on Micron Technology (NASDAQ: MU) after the company beat analyst expectations during its 2Q. In the report, Wedbush writes "Despite a very challenging DRAM pricing environment, Micron Technology (MU) reported FQ2 (Feb) results yesterday AMC, that...

Morgan Stanley is raising its PT on shares of Micron Technology Inc. (NASDAQ: MU) to $13.50. Micron Technology closed Wednesday at $10.61.

Stifel Nicolaus has raised the target price of Micron Technology Inc (NASDAQ: MU) from $15.00 to $17.00. MU closed yesterday at $10.61 a share.

Auriga is out with its report today on Micron Technology (NASDAQ: MU), maintaining Buy. In a note to clients, Auriga writes, "We maintain our Buy rating and $14 price target on Micron following a quarter with, as expected, some moving parts but few real surprises. We won't make the argument that...

Morgan Stanley is out with its report today on Micron Technology (NASDAQ: MU), raising its price target from $12.50 to $13.50. In a note to clients, Morgan Stanley writes, "We remain buyers of MU post Feb quarter results, the first profitable quarter at a cycle trough since 1991, and expect stock...

Micron Technology Inc. (NASDAQ: MU) reported revenue of $2.26bn (flat q/q) and well above DBe of $1.96bn and Street at $2.07bn, Deutsche Bank reports. “ASPs were in-line to slightly lower than MU reported GAAP EPS of $0.07, which was well above DBe of $0.03 and Street at $0.04,” Deutsche Bank...

Morgan Stanley Maintains OW Rating On MU Morgan Stanley remains Overweight and believes “Micron Technology Inc. (NASDAQ: MU) stock moves towards our bull case of $16 (2x FY11 book value) based on a combination of C2H11 positive estimate revisions and multiple expansion.” “We model at least 1,200...

Deutsche Bank Comments On Micron Technology's F2Q11 Results In a report published by Deutsche Bank, Micron Technology (NASDAQ: MU) is expected to report F2Q11 (Feb) quarter results after market close on Wednesday, March 23rd. Deutsche Bank said that the company will hold a conference call to...