Home » USA Broker Ratings » Micron Technology, Inc. – Consenus Indicates Potential -.3% Downside

Micron Technology, Inc. – Consenus Indicates Potential -.3% Downside

Micron Technology, Inc. found using ticker (MU) now have 28 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 90 and 28 with the average target price sitting at 50. Given that the stocks previous close was at 50.15 this would imply there is a potential downside of -.3%. There is a 50 day moving average of 45.18 while the 200 day moving average is 40.94. The company has a market cap of $55,654m. Company Website: http://www.micron.com

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.

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