Micron Technology, Inc. (NASDAQ:MU) price target set to $40.00 by Royal Bank of Canada

ME Staff
-
0

Analyst Ratings For Micron Technology, Inc. (NASDAQ:MU)

Today, Royal Bank of Canada set its price target on Micron Technology, Inc. (NASDAQ:MU) to $40.00 per share.

There are 17 Buy Ratings, 12 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Micron Technology, Inc. (NASDAQ:MU) is Buy with a consensus target price of $58.4643 per share, a potential 101.46% upside.

Some recent analyst ratings include

  • 12/20/2018-Micron Technology, Inc. (NASDAQ:MU) had its Buy rating reiterated by Macquarie
  • On 7/20/2018 Steven L Thorsen Jr, SVP, sold 40,000 with an average share price of $55.09 per share and the total transaction amounting to $2,203,600.00.
  • On 7/13/2018 Robert E Switz, Director, sold 25,000 with an average share price of $56.00 per share and the total transaction amounting to $1,400,000.00.
  • On 7/2/2018 Robert E Switz, Director, sold 75,000 with an average share price of $53.34 per share and the total transaction amounting to $4,000,500.00.
  • On 5/25/2018 Scott J Deboer, EVP, sold 24,795 with an average share price of $62.00 per share and the total transaction amounting to $1,537,290.00.
  • On 5/2/2018 Patrick J Byrne, Director, sold 14,360 with an average share price of $46.31 per share and the total transaction amounting to $665,011.60.
  • On 4/2/2018 Mercedes Johnson, Director, sold 25,000 with an average share price of $50.50 per share and the total transaction amounting to $1,262,500.00.
  • On 3/26/2018 Scott J Deboer, EVP, sold 13,695 with an average share price of $56.11 per share and the total transaction amounting to $768,426.45.

About Micron Technology, Inc. (NASDAQ:MU)
Micron Technology, Inc. manufactures and sells memory and storage solutions worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It offers memory and storage technologies, including DRAM, NAND, NOR Flash, and 3D XPoint memory under the Micron, Crucial, and Ballistix brands, as well as private labels. The company provides memory products for the cloud server, enterprise, client, graphics, and networking markets; memory products for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer SSD markets; other discrete storage products in component and wafer forms for the removable storage markets, as well as 3D XPoint memory products; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its internal sales force, independent sales representatives, distributors, and e-tailers; and Web-based customer direct sales channel, as well as through channel and distribution partners primarily to original equipment manufacturers and retailers. The company has strategic collaboration with BMW Group. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

Recent Trading Activity for Micron Technology, Inc. (NASDAQ:MU)
Shares of Micron Technology, Inc. closed the previous trading session at 29,02 −1,30 4,29 % with shares trading hands.