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Stock impact report

Micron stock falls after earnings, but analysts are cheerier than ever [MSN Money]

Micron Technology, Inc. (MU) 
Last micron technology, inc. earnings: 3/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.micron.com
Company Research Source: MSN Money
© Provided by Dow Jones & Company, Inc. Micron Technology Inc. memory chips have been in greater demand amid a data-center build out and introduction of new technologies. Investors didn’t think Micron Technology’s (MU)  latest quarterly results quite lived up to the hype, but analysts found plenty of reasons to cheer the numbers nonetheless. Load Error At least three analysts raised their price targets on shares following better-than-expected earnings , by MarketWatch’s count, though shares fell 3.4% in Friday morning trading. (Almost a third of analysts surveyed by FactSet increased targets ahead of earnings .) Analysts have long been an optimistic bunch when it comes to Micron, with 26 of 31 rating the stock a buy, according to FactSet. The average price target is $73.48, or nearly 30% above current levels. See also: China tech stocks gutted as Trump calls for tariffs on at least $50 billion of goods MKM Partners analyst Ruben Roy was among tho Show less Read more
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