Wall Street Analysts are Turning Bearish on Micron Technology Inc (MU) — Here's Why [Yahoo! Finance]
Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Yahoo! Finance
Tom Lee, Fundstrat Global Advisors co-founder, said while talking to CNBC in a latest program that the next few weeks until the US election would be “confusing” for many since no one could say anything with conviction about who is going to be in the White House. Lee said that the market is going to trade “well” into the upcoming Fed meeting where he expects “some” rate cuts amid the labor market needing support and positive inflation data. Asked whether he expects a 25bps rate cut or a 50bps cut, Lee said: “ A 25 or 50 can have both hawkish or dovish implications so I think it's ultimately whether Fed Chair Powell comes across as this is the start of a cycle they are confident that we are moving back towards neutral and whatever number they make is quite dovish and positive but if it seems like that it's dragging along the FOMC members and then there is even concerns about hard landing then I think the market can view anything they do as negative,” Lee said. However, Lee said h
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MU
News
- If You Bought 1 Share of Micron Technology at Its IPO, Here's How Many Shares You Would Own Now [Yahoo! Finance]Yahoo! Finance
- Micron Technology, Inc. (NASDAQ: MU) had its price target lowered by analysts at Wells Fargo & Company from $190.00 to $175.00. They now have an "overweight" rating on the stock.MarketBeat
- Death Cross for MU Stock: Time to Buy Micron Based on Fundamentals? [Yahoo! Finance]Yahoo! Finance
- Micron Technology, Inc. (NASDAQ: MU) had its price target lowered by analysts at Citigroup Inc. from $175.00 to $150.00. They now have a "buy" rating on the stock.MarketBeat
- Micron Technology, Inc. (NASDAQ: MU) had its price target lowered by analysts at UBS Group AG from $153.00 to $135.00. They now have a "buy" rating on the stock.MarketBeat
MU
Earnings
- 6/26/24 - Beat
MU
Sec Filings
- 8/12/24 - Form 4
- 8/7/24 - Form 8-K
- 7/23/24 - Form 4
- MU's page on the SEC website