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Micron Technology's shares climbed 3% following better-than-expected Q3 earnings and revenue.
Micron Technology's shares rose 3% after it reported better-than-expected Q3 earnings and revenue, at $1.18 EPS and $7.75 billion, up 93.3% year-over-year.
Analysts have maintained a mostly positive outlook, with a "Moderate Buy" consensus and a target price of $143.04.
The company also announced a $0.115 quarterly dividend.
Institutional investors like Dantai Capital Ltd and Royal London Asset Management Ltd increased their stakes in Micron.
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Las acciones de Micron Technology aumentaron un 3% después de mejores ganancias e ingresos del Q3 que los esperados.