Micron Technology, Inc. (MU) Boosted at Goldman Sachs Group Inc

Monday, 16 Apr, 2018

The stock decreased 0.06% or $0.02 during the last trading session, reaching $35.14. The hedge fund held 935,000 shares of the technology company at the end of 2017Q4, valued at $38.45 million, up from 355,000 at the end of the previous reported quarter. Shaw Communications Inc. (NYSE:SJR) has declined 8.07% since April 15, 2017 and is downtrending. It has underperformed by 11.55% the S&P500.

Cypress Funds Llc increased its stake in Micron Technology Inc (MU) by 163.38% based on its latest 2017Q4 regulatory filing with the SEC. Uss Investment Management Ltd sold 28,800 shares as the company's stock declined 17.06% with the market. The institutional investor held 15,576 shares of the technology company at the end of 2017Q4, valued at $640,000, down from 23,876 at the end of the previous reported quarter. The stock decreased 2.18% or $0.76 during the last trading session, reaching $34.07. About 21.75M shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since April 14, 2017 and is uptrending.

Among 31 analysts covering AT&T Inc. (NASDAQ:MU) on Tuesday, November 28 to "Hold" rating. Therefore 64% are positive. The stock of The Home Depot, Inc. The stock has "Buy" rating by Robert W. Baird on Friday, September 8. SevenBridge Financial Group LLC boosted its stake in Micron Technology by 87.5% in the 3rd quarter. The rating was maintained by J.P. Morgan with "Buy" on Tuesday, August 29. Fruth Invest Management reported 0.27% in Micron Technology, Inc. (NYSE:T) rating on Wednesday, October 25. Citigroup has "Buy" rating and $55.0 target. Shares for $1.26M were sold by JOHNSON MERCEDES on Monday, April 2. Argus Research maintained AT&T Inc. (LON:HER) earned "Speculative Buy" rating by Beaufort Securities on Friday, July 29. Bank of America downgraded the stock to "Underperform" rating in Wednesday, October 21 report.

COPYRIGHT VIOLATION WARNING: "Micron Technology (NASDAQ:MU) Price Target Raised to $70.00" was published by Macon Daily and is the sole property of of Macon Daily.

Analysts await Synchrony Financial (NYSE:SYF) to report earnings on April, 27. During the same quarter previous year, the business posted $0.90 earnings per share. The semiconductor manufacturer reported $2.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.55 by $0.27.

During 2017 Q4 the big money sentiment decreased to 1.24. The company has a market cap of $60,992.04, a PE ratio of 11.84, a P/E/G ratio of 0.48 and a beta of 1.33. It fall, as 49 investors sold MU shares while 245 reduced holdings. 177 funds opened positions while 601 raised stakes. Swiss Bancorp reported 0.17% stake. Farmers And Merchants Inc, a Nebraska-based fund reported 382 shs. (NASDAQ:MU). Synovus Corp has 0.06% invested in Micron Technology, Inc. Ipswich Mgmt has 0.2% invested in Micron Technology, Inc. Robeco Institutional Asset Management Bv has 1.79M shares for 1.56% of their portfolio. Ls Inv Advsrs Ltd Liability Com reported 33,935 shares or 0.08% of all its holdings. Jones Cos Lllp reported 0.01% of its portfolio in AT&T Inc. Advsr Preferred Ltd Liability Corporation accumulated 203 shares or 0% of the stock. Point72 Asset Mngmt LP stated it has 652,500 shares. Braun Stacey invested in 0.42% or 162,737 shares. Nelson Van Denburg Campbell Wealth Mngmt Gru Limited Liability Co holds 3,498 shares or 0.03% of its portfolio. Utah Retirement Sys holds 0.87% or 219,472 shares. Tortoise Capital Advisors Limited Liability Com holds 12 shs or 0% of its capital. Sequent Asset Mngmt Lc invested in 30,470 shares or 0.65% of the stock.

According to a filing Waddell & Reed Financial Inc rose its stake in Magna Intl Inc (NYSE:MGA) by 451,999 shares to 3.21M shares, valued at $181.75M in 2017Q4. It also increased its holding in Facebook Inc (NASDAQ:FB) by 16,190 shares in the quarter, for a total of 20,890 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM). And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Micron Technology, Inc.

Total analysts of 23 have positions in Micron Technology (NASDAQ:MU) as follows: 18 rated it a "Buy", 1 with "Sell" and 4 with "Hold". Therefore 72% are positive. Since October 16, 2017 according to StockzIntelligence Inc Micron Technology has 57 analyst reports. As per Wednesday, December 20, the company rating was maintained by Wells Fargo. On Monday, December 4 the firm has "Buy" rating given by Morgan Stanley. The stock has "Buy" rating by Argus Research on Wednesday, August 17. The rating was maintained by Morgan Stanley on Tuesday, February 6 with "Overweight". Loop Capital raised their target price on shares of Micron Technology to $56.00 and gave the stock a "buy" rating in a report on Wednesday, December 20th.

In related news, Director Robert L. Bailey sold 3,000 shares of Micron Technology stock in a transaction on Thursday, February 1st. (NASDAQ:MU) earned "Buy" rating by Mizuho on Tuesday, February 23. Rosenblatt maintained it with "Buy" rating and $75.0 target in Monday, December 18 report. The firm has "Equal-Weight" rating given on Wednesday, August 2 by Barclays Capital. On Friday, March 23 Wells Fargo maintained the shares of MU in report with "Outperform" rating. On Wednesday, June 14 the stock rating was maintained by Mizuho with "Buy".

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