MU - What's Going On With Micron Stock Wednesday? | Benzinga
Micron Technology Inc (NASDAQ:MU) shares are in the spotlight Wednesday ahead of earnings. Here’s what you need to know before the report.
What To Know: Micron is set to report financial results for the third quarter after the bell on Wednesday. Analysts are anticipating earnings of 49 cents per share on quarterly revenue of $6.634 billion, according to estimates from Benzinga Pro.
Analyst revisions have been positive for Micron in recent weeks. Last week, Wedbush maintained an Outperform rating on Micron and raised the price target from $130 to $170, anticipating a beat-and-raise quarter.
Several other analysts lifted price targets on the ...