Micron Technology, Inc. – Consensus ‘buy’ rating and -6.6% Downside Potential

Broker Ratings
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Micron Technology, Inc. which can be found using ticker (MU) now have 30 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $91.32 and $38.75 calculating the mean target price we have $71.99. Given that the stocks previous close was at $77.10 this would indicate that there is a downside of -6.6%. The day 50 moving average is $70.49 and the 200 day MA is $65.37. The market capitalization for the company is 84.41B. The current stock price for Microsoft Corporation is currently $76.87 USD

The potential market cap would be $78,811,372,289 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 $14.22 and a -5.23% 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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