Micron Technology – Consensus ‘buy’ rating and 7.3% Upside Potential

Broker Ratings
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Micron Technology which can be found using ticker (MU) have now 30 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 100 and 42.43 and has a mean target at $75.03. Now with the previous closing price of $69.94 this indicates there is a potential upside of 7.3%. It’s also worth noting that there is a 50 day moving average of $65.86 and the 200 moving average now moves to $61.32. The total market capitalization for the company now stands at 77.10B. The current share price for the company is: 70.39 USD

The potential market cap would be $82,709,111,549 based on the market consensus.

The company has a dividend yield of 2.05%. Other points of data to note are a P/E ratio of -, revenue per share of 16.62 and a -2.46% return on assets.

Micron Technology is a provider of memory and storage solutions. The Company’s product portfolio includes dynamic random-access memory (DRAM), negative-AND (NAND), three-dimensional (3D) XPoint memory, and NOR, solid-state drives, graphics and high bandwidth memory (HBM), managed NAND and multichip packages. Its brands include Micron and Crucial. The Company’s segments include Compute and Networking Business Unit (CNBU) includes memory products sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business Unit (MBU) includes memory and storage products sold into smartphone and other mobile-device markets; Storage Business Unit (SBU) includes solid state drives (SSDs) and component-level solutions sold into enterprise and cloud, client, and consumer storage markets and other discrete storage products; Embedded Business Unit (EBU) includes memory and storage products sold into automotive, industrial, and consumer markets.

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