Micron (MU) Stock Rating Reaffirmed at BMO Capital; The $43.0 Target Indicates -6.11% Potential; Dynavax Technologies (DVAX) Has 2.33 Sentiment

November 15, 2017 - By Vivian Park

Among 42 analysts covering Micron Technology Inc. (NASDAQ:MU), 35 have Buy rating, 1 Sell and 6 Hold. Therefore 83% are positive. Micron Technology Inc. has $75.0 highest and $8 lowest target. $37.45’s average target is -18.23% below currents $45.8 stock price. Micron Technology Inc. had 187 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, August 14. Brean Capital initiated the stock with “Buy” rating in Friday, April 15 report. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, June 6. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Neutral” rating given on Friday, March 18 by Susquehanna. The firm has “Buy” rating given on Tuesday, June 20 by J.P. Morgan. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Buy” rating given on Friday, September 29 by Nomura. The company was maintained on Wednesday, October 11 by Wells Fargo. Cowen & Co maintained Micron Technology, Inc. (NASDAQ:MU) on Wednesday, February 1 with “Outperform” rating. Credit Suisse maintained it with “Buy” rating and $4000 target in Thursday, June 29 report. As per Thursday, March 31, the company rating was maintained by UBS.

Dynavax Technologies Corporation is a clinical-stage immunotherapy company. The company has market cap of $1.10 billion. The Firm is focused on leveraging the body’s innate and adaptive immune responses through toll-like receptor stimulation. It currently has negative earnings. The Company’s product candidates are being investigated for use in multiple cancer indications, as a vaccine for the prevention of hepatitis B and as a disease modifying therapy for asthma.

Analysts await Micron Technology, Inc. (NASDAQ:MU) to report earnings on December, 20. They expect $2.12 earnings per share, up 657.14% or $1.84 from last year’s $0.28 per share. MU’s profit will be $2.44B for 5.40 P/E if the $2.12 EPS becomes a reality. After $1.99 actual earnings per share reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts 6.53% EPS growth.

Investors sentiment increased to 1.08 in 2017 Q2. Its up 0.03, from 1.05 in 2017Q1. It is positive, as 63 investors sold Micron Technology, Inc. shares while 217 reduced holdings. 85 funds opened positions while 218 raised stakes. 832.79 million shares or 1.90% less from 848.93 million shares in 2017Q1 were reported. Moreover, Weiss Multi has 0.17% invested in Micron Technology, Inc. (NASDAQ:MU) for 135,718 shares. Bessemer Gp holds 2,095 shares or 0% of its portfolio. Dupont Mngmt accumulated 82,231 shares. Pathstone Family Office Limited Liability holds 0% or 93 shares. Hanson And Doremus Investment reported 0% in Micron Technology, Inc. (NASDAQ:MU). Swiss National Bank & Trust owns 3.83M shares. Hanseatic Management Services, a New Mexico-based fund reported 97,354 shares. 53,598 were reported by Baring Asset. Dalton Invs Lc owns 724,495 shares or 8.14% of their US portfolio. Nippon Life Ins invested in 44,124 shares or 0.03% of the stock. Fagan Associates accumulated 37,405 shares or 0.58% of the stock. Brick And Kyle Assocs owns 0.73% invested in Micron Technology, Inc. (NASDAQ:MU) for 28,510 shares. Northwestern Mutual Wealth Mgmt Com has invested 0.04% in Micron Technology, Inc. (NASDAQ:MU). Prudential Public Limited Co reported 0.03% stake. Nikko Asset Mngmt Americas reported 3,300 shares.

Since May 16, 2017, it had 0 insider buys, and 3 insider sales for $650,750 activity. Another trade for 14,143 shares valued at $408,911 was sold by Byrne Patrick J. $30,750 worth of Micron Technology, Inc. (NASDAQ:MU) was sold by ARNZEN APRIL S on Thursday, June 1. The insider Deboer Scott J sold 10,000 shares worth $300,000.

Micron Technology, Inc. is engaged in semiconductor systems. The company has market cap of $52.82 billion. The Company’s portfolio of memory technologies, including dynamic random-access memory , negative-AND (NAND) Flash and NOR Flash are the basis for solid-state drives, modules, multi-chip packages and other system solutions. It has a 10.59 P/E ratio.

The stock increased 0.44% or $0.2 during the last trading session, reaching $45.8. About 30,796 shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 176.27% since November 15, 2016 and is uptrending. It has outperformed by 159.57% the S&P500.

Rhenman & Partners Asset Management Ab holds 0.81% of its portfolio in Dynavax Technologies Corporation for 587,330 shares. Great Point Partners Llc owns 435,500 shares or 0.75% of their US portfolio. Moreover, Gmt Capital Corp has 0.63% invested in the company for 3.01 million shares. The Massachusetts-based Bain Capital Public Equity Management Llc has invested 0.29% in the stock. Wall Street Access Asset Management Llc, a New York-based fund reported 12,900 shares.

The stock decreased 1.23% or $0.23 during the last trading session, reaching $18.12. About 615 shares traded. Dynavax Technologies Corporation (DVAX) has declined 63.84% since November 15, 2016 and is downtrending. It has underperformed by 80.54% the S&P500.

Analysts await Dynavax Technologies Corporation (NASDAQ:DVAX) to report earnings on March, 12. They expect $-0.35 EPS, up 37.50% or $0.21 from last year’s $-0.56 per share. After $-0.38 actual EPS reported by Dynavax Technologies Corporation for the previous quarter, Wall Street now forecasts -7.89% EPS growth.

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