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Nomura Nearly Doubles Micron Price Target, Says Semiconductor Maker Has Further Upside Ahead
Monday, March 12, 2018 - 10:50am | 440Read More...Micron 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 | 367Read More...Pure 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 | 393Read More...Micron 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 | 717Read More...Shares 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 | 381Read More...After 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 | 586Read More...Memory 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 | 401Read More...Marvell 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 | 355Read More...Analysts 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 | 466Read More...Micron 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 | 379Read More...Shares 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 | 449Read More...Micron 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 | 448Read More...Apple 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 | 566Read More...Deutsche 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...
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Recapping The Semicon West Trade Show: Winners And Losers
Thursday, July 13, 2017 - 12:13pm | 740Read More...Bank of America Merrill Lynch analyst Krish Sankar recently attended Semicon West, the largest semiconductor equipment trade show, and came away with “optimism abound” for the industry. Drivers for future growth include the transition from 2D to 3D NAND, increasing business with Chinese...
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How The Toshiba-Western Digital Beef Could Be A Boon For Micron Technology
Friday, June 30, 2017 - 11:33am | 418Read More...Micron Technology, Inc. (NASDAQ: MU) 4-percent decline Friday morning isn't deterring analysts at Pacific Crest from calling for the stock to double in value moving forward. Pacific Crest's Weston Twigg commented in a research report after Micron's earnings report that the company has shown it is...
















