Mike Burton

Micron Technology, Inc. (NASDAQ: MU) has moved from a "cash burn" to a "cash return" story in the space of two years, Benchmark said in a bullish Friday initiation note.  The Analyst  Analyst Mike Burton initiated coverage of Micron with a Buy rating and $80 price...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) have already gained nearly 30 percent in 2018 and the company's Q4 earnings report Tuesday afternoon could result in an acceleration in the stock's advance or put a pause to the momentum. Consensus analyst estimates for EPS stand at 5...

It's an open secret that Virtual Reality would be one of the central themes of 2017

The 50th annual Consumer Electronic Show (CES) is scheduled to begin on January 5. The most excitement in the semiconductor space will likely be centered on NVIDIA Corporation (NASDAQ: NVDA), Brean Capital’s Mike Burton said in a report. He maintained a Hold rating on the company. CEO Jen...

Micron Technology, Inc. (NASDAQ: MU) reported better-than-expected first quarter results, driven by both resilient demand trends and improving DRAM pricing. Micron reported proforma EPS of $0.32, above Street and guidance of $0.28, and delivered revenue of $3.97 billion, in line with consensus $3....

Following another strong quarter from Broadcom Ltd (NASDAQ: AVGO), Brean Capital’s Mike Burton stated that the company was “poised for above-average growth with industry leading profitability.” Burton maintains a Buy rating on the company, while raising the price target from $205...

Brean Capital believes Intel Corporation (NASDAQ: INTC)’s fourth quarter outlook is conservative after an inventory restocking in the PC supply chain led the chip giant to report better-than-expected third-quarter results. Intel reported non-GAAP EPS of $0.80, higher than consensus’ $0....

Brean Capital believes Broadcom Ltd (NASDAQ: AVGO) is poised for above-average growth with industry leading profitability at a cheap valuation as it reiterated its Buy rating on the stock. Broadcom reported another impressive quarter as it positioned itself in some of the strongest and fast growing...

Qorvo Inc (NASDAQ: QRVO) reported strong June quarter results, with the revenue and EPS beating the consensus expectations. Brean Capital’s Mike Burton reiterated a Buy rating on the company, with a price target of $62. Positive On The Stock “While the revenue and EPS upside and...

QUALCOMM, Inc. (NASDAQ: QCOM) reported a beat and raise quarter on July 20, driven by improvements in catch-up payments from China for QTL, along with strength in QCT. Brean Capital’s Mike Burton maintains a Hold rating on the company. Potential Headwind “We had anticipated the strong...

Intel Corporation (NASDAQ: INTC) reported mixed June quarter results, while guiding to the September quarter above seasonal trends. Brean Capital’s Mike Burton maintained a Buy rating on the company, while raising the price target from $36 to $38. June Quarter Burton mentioned that Intel...

Marvell Technology Group Ltd. (NASDAQ: MRVL) reported strong F4Q16 results. Brean Capital’s Mike Burton reiterated a Buy rating on Marvell, with a price target of $12.50, saying that the company’s new strategic plans were impressive. The company reported its quarterly EPS at $0.11,...

Brean Capital reaffirmed its Buy rating and $14 price target on Micron Technology, Inc. (NASDAQ: MU) despite the company reporting a disappointing quarterly results. "[W]e believe that as MU's cost cutting internal priorities are still on track and that top-down picture is improving, albeit at a...

Brean Capital LLC analyzed the growth opportunities of Broadcom Ltd (NASDAQ: AVGO) in a report out Thursday. Analyst Mike Burton highlighted his positive outlook concerning the future growth drivers in data center and wireless segments and the eagerness toward more acquisitions after conducting a...

Brean Capital's Mike Burton downgraded QUALCOMM, Inc. (NASDAQ: QCOM) from Buy to Hold with a price target between $55 to $60. The main reasons for Brean's downgrade were competitive price headwinds, lower applications service providers for smartphones, "longer factor change cadences at Apple" and "...