Micron Technology reports strong earnings, exceeding expectations, and announces a quarterly dividend.
Micron Technology reported strong earnings, exceeding analyst expectations with a 13.34% net margin and 8.32% return on equity. The company’s shares saw adjustments from various institutional investors, with RFG Advisory reducing its position by 19.9%. Analysts have maintained a "Moderate Buy" consensus with an average price target of $135.24. Micron also announced a quarterly dividend of $0.115 per share.
2 months ago
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