Micron Technology, Inc. mu is set to report its latest quarterly results on Wednesday, December 21, 2022 after the closing bell.

Analysts expect the company to report a quarterly loss of $0.01 per share with sales of $4.12 billion.

Micron shares fell 2% to close at $50.68 on Tuesday and gained 0.9% in today’s premarket session.

Benzinga readers can access the latest analyst ratings Analyst stock ratings Side. Readers can sort by stock ticker, company name, analyst firm, rating change, or other variable.

Let’s look at how Benzinga is most accurate Analysts rated the company recently.

• Deutsche Bank’s Analyst Sidney Ho downgraded the stock to hold from a buy rating on December 12, 2022 and lowered the price target to $55 from $60. This analyst sees around 8% upside potential for the company’s stock and has an accuracy rate of 81%.
• Wells Fargo Analyst Aaron Rakers kept an Overweight rating on December 7, 2022 and lowered the price target to $70 from $75. This analyst sees around 38% upside potential for the company’s stock and has an accuracy rate of 81%.
• mizuhos Analyst Vijay Rakesh kept a Neutral rating on November 30, 2022 and lowered the price target to $50 from $52. This analyst sees over 1% downside potential for the company’s stock and has an accuracy rate of 65%.
• UBS Analyst Timothy Arcuri kept a Buy rating on the stock on November 17, 2022 and lowered the price target to $75 from $80. This analyst sees around 48% upside potential for the company’s stock and has an accuracy rate of 71%.
• Needham’s Analyst Rajvindra Gill Reiterated a Buy rating on the stock on November 16, 2022 and boosted its price target to $67 from $60. This analyst sees around 32% upside potential for the company’s stock and has an accuracy rate of 74%.

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