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Former Arris Bull Grows Cautious, Lowers Stock To Equal-Weight
Tuesday, December 19, 2017 - 11:58am | 398Despite a 15-percent decline throughout 2017, ARRIS International plc (NASDAQ: ARRS) was still favorably viewed by some on the Street, but on Tuesday a notable analyst changed their previously bullish thesis. The Analyst Morgan Stanley's Meta Marshall downgraded Arris' stock rating...
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Analyst Sees KLA-Tencor Having A Break Out Year In 2018
Monday, December 18, 2017 - 8:35am | 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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Micron Gets A Price Target Boost On An An Optimistic DRAM Outlook
Tuesday, November 28, 2017 - 10:24am | 389Micron Technology, Inc. (NASDAQ: MU) is one of 2017's hottest stocks, but some analysts see a path toward even more upside amid encouraging DRAM pricing trends. The Analyst Baird Equity Research's Tristan Gerra maintains an Outperform rating on Micron's stock with a price target...
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Apple Gets An Upgrade Thanks To China, Holidays, And More
Friday, November 3, 2017 - 9:14am | 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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Analyst: 4 Reasons Why Nutanix Market Trends Are Stable
Friday, October 13, 2017 - 12:43pm | 444A meeting between Nutanix Inc (NASDAQ: NTNX)'s management team and Oppenheimer analysts reinforced the firm's bullish stance on the stock. Analyst Ittai Kidron maintains an Outperform on Nutanix's stock with an unchanged $34 price target and gave four reasons for the reiteration in...
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3 Things Micron Accomplished With Its Stock Offering
Wednesday, October 11, 2017 - 10:44am | 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 - 9:16am | 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 - 9:57am | 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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How The Toshiba-Western Digital Beef Could Be A Boon For Micron Technology
Friday, June 30, 2017 - 10:33am | 418Micron 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...
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Micron May Be Facing Its Biggest Opportunity For Fundamental Improvement
Wednesday, June 7, 2017 - 8:52am | 377Analysts 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 - 9:14am | 368Mark 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 - 12:21pm | 419Shares 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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How Low Can Micron Go? Quite A Bit, If You Believe These Metrics
Wednesday, August 5, 2015 - 7:34am | 543In a report published Wednesday, Morgan Stanley analyst Joseph Moore discussed why he believes shares of Micron Technology, Inc. (NASDAQ: MU) can continue trading lower. According to Moore, weakness in DRAM pricing is expected to continue in the near-term, undergo a "brief improvement...
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Summit Research Sees Micron Doubling; Hyperscale Clients Might Consider Investing
Friday, June 12, 2015 - 12:51pm | 412In a report published Friday, Summit Research analyst Dr. Srini Sundararajan and his team looked into the emerging DRAM shortage anticipated for the second half of the year and considered the option of a hyper-scale client investing equity in Micron Technology, Inc. (NASDAQ: MU) stock. The...
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Drexel Hamilton Shows Concern On DRAM Pricing, Downgrades Micron To Sell
Tuesday, June 9, 2015 - 10:28am | 253In a report published Tuesday, Drexel Hamilton downgraded shares of Micron Technology, Inc. (NASDAQ: MU) to Sell from Hold with a price target lowered to $20 from a previous $30, as process-driven DRAM price declines are likely to "continue and probably deepen." According to Whittington, declines...