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Micron May Be Facing Its Biggest Opportunity For Fundamental Improvement
Wednesday, June 7, 2017 - 9:52am | 377Read More...Analysts at Baird undertook a field trip to Asia to gain a better understanding of Micron Technology, Inc. (NASDAQ: MU)'s outlook. Baird's Tristan Gerra maintained an Outperform rating on Micron's stock with an unchanged $40 price target as his first-hand checks confirmed ongoing...
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Micron Catalysts Having Largely Materialized, Goldman Removes From Buy List
Monday, May 8, 2017 - 10:14am | 368Read More...Mark Delaney of Goldman Sachs believes Micron Technology, Inc. (NASDAQ: MU) is well positioned to beat Street estimates in the coming quarters, but this isn't enough to maintain a bullish stance. Delaney downgraded shares of Micron from Buy to Neutral with a price target lowered from $32 to $30....
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Micron: A Good Play During Times Of Macro Weakness
Friday, September 18, 2015 - 1:21pm | 419Read More...Shares of Micron Technology, Inc. (NASDAQ: MU) were lower by more than 4 percent Friday morning, underperforming the Nasdaq Index, which was lower by only 0.77 percent. Srini Sundararajan of Summit Research argued in a note on Friday that Micron is an attractive investment during periods of macro...
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Why Microchip, SanDisk Might Be The Way To Play A Semiconductor Rebound
Tuesday, September 8, 2015 - 8:31am | 500Read More...The semiconductor space is one of the most hotly contested sectors between bulls on bears. In a report published Monday, JPMorgan analyst Harlan Sur noted that while some bears are pricing in further downside in semiconductor stocks through the rest of the year, the supply-side dynamics are in...
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Susquehanna Slashes Memory/Drive Semiconductor Names: Here's Why
Monday, August 24, 2015 - 12:12pm | 358Read More...Mehdi Hosseini of Susquehanna Financial Group made the case on Monday for investors should be incrementally more cautious on the Memory/Drive Semiconductor names following a series of meetings he had last week with executives in China and Taiwan. According to Hosseini, his meetings in China and...
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Pacific Crest Says SanDisk's 'Big Beat' Suggests Company Making A 'Comeback'
Thursday, July 23, 2015 - 9:43am | 346Read More...Shares of SanDisk Corporation (NASDAQ: SNDK) were trading higher by more than 10 percent Thursday after the company reported its second quarter results Wednesday afternoon. In a report published Thursday, Pacific Crest analyst Monika Garg commented that SanDisk's "big beat"...
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SanDisk Analysts Sees Both Risk And Upside Heading Into Earnings
Wednesday, July 22, 2015 - 3:30pm | 872Read More...SanDisk Corporation (NASDAQ: SNDK) is scheduled to report its second quarter results after Wednesday's market close. Estimize is calling for the company to earn $0.36 per share (based on 28 estimates) in the quarter on revenue of $1.198 billion. This compares to the Wall Street consensus...
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Check Out Goldman Sachs' Buy-The-Weakness Call On Lam Research
Monday, April 6, 2015 - 12:42pm | 410Read More...Shares of Lam Research Corporation (NASDAQ: LRCX) were trading higher by more than 1 percent on Monday after Goldman Sachs analyst James Covello argued that investors should use the recent relative (and absolute) weakness in Lam Research to build positions in the stock. "There has been a...
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Is Micron's Downside Risk Limited Ahead Of Earnings?
Wednesday, April 1, 2015 - 9:03am | 280Read More...In a report published Tuesday, Deutsche Bank analyst Sidney Ho previewed Micron Technology, Inc. (NASDAQ: MU)'s second quarter print that will be released Wednesday after market close. Ho projected Micron will earn $0.74 per share in the second quarter on revenue of $4.20 billion. However, the...
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JMP Securities Reiterates On Micron In Face Of Nomura Downgrade
Wednesday, March 4, 2015 - 12:00pm | 298Read More...In a report published Wednesday, JMP Securities analyst Alex Gauna maintained a bullish view of Micron Technology, Inc. (NASDAQ: MU) following the company's presentation at the JMP Securities Technology Conference on Tuesday. The upgrade comes a day after Romit Shah of Nomura downgraded...
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Here's Why Nomura Downgraded Micron Technology
Tuesday, March 3, 2015 - 12:25pm | 231Read More...In a report published Tuesday, Nomura analyst Romit Shah downgraded shares of Micron Technology, Inc. (NASDAQ: MU) to Neutral from Buy with a price target lowered to $30 from a previous $40. Shah noted that the Street perceives Micron to be undervalued as consolidation in DRAM drives...
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Jefferies On Micron Technology: 'Solid Technology Progress + Inotera = Buy'
Tuesday, February 17, 2015 - 2:25pm | 164Read More...In a report published Monday, Jefferies analyst Sundeep Bajikar commented that Micron Technology, Inc. (NYSE: MU) is making "better than expected" progress in 20nm DRAM and 3D NAND. Bajikar also noted that Micron will likely see its DRAM gross margins expand "significantly," helped in calendar year...
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Nomura: Intel's Outlook A Positive For Micron
Friday, November 21, 2014 - 11:05am | 179Read More...Shares of Micron Technology, Inc. (NASDAQ: MU) has outperformed year-to-date, but most of the gains in share prices occurred during the first half of 2014. Analysts at Nomura commented on Friday that despite an outperformance, shares are still trading at a "sizeable" discount. The analysts note...
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Three Sectors to Benefit, Three Others to Suffer from Growth in Tablets
Tuesday, July 3, 2012 - 4:13pm | 606Read More...Tablet shipments are expected to overtake notebook shipment numbers by 2016, according to NPD DisplaySearch's Quarterly Mobile PC Shipment and Forecast Report. Notebook shipments are expected to go from 208 million units in 2012 to 393 million by 2017, and tablets are expected to go from 121...
