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Darden Wealth Group cut Micron Tech holdings, but the company reported a robust quarter with a 38.2% revenue jump.
Darden Wealth Group decreased its Micron Technology stock holdings by 6.0% in the fourth quarter, now holding 9,515 shares worth $801,000.
Despite this, Micron saw a strong quarter with a 38.2% revenue increase and an EPS of $1.56, exceeding analyst estimates.
Analysts predict a $6.08 EPS for the fiscal year, with a strong buy rating and a price target of $129.76.
The company also announced a quarterly dividend of $0.115.
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Darden Wealth Group cortó las tenencias de Micron Tech, pero la compañía reportó un trimestre robusto con un aumento de ingresos del 38,2%.