Micron Technology, Inc. – Consensus ‘buy’ rating and 13.7% Upside Potential

Broker Ratings

Micron Technology, Inc. with ticker code (MU) now have 30 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $240.78 and $105.00 suggesting an average Analsyt target price of $143.58. Now with the previous closing price of $126.27 this is indicating there is a potential upside of 13.7%. The 50 day MA is $117.56 and the 200 day MA is $87.22. The company has a market capitalization of 143.39B. The current share price for the company is: $129.49 USD

The potential market cap would be $163,050,732,272 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 $16.67 and a -3.77% return on assets.

Micron Technology, Inc. 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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