Micron Technology(MU) reported huge loss today. However the stock may go up tomorrow unlike to Omnivision(OVTI) which gave huge profit and up-guidance recently. Analysts for MU have been very positive(only target change but no downgrade). Perhaps tomorrow MU may get upgrade and OVTI get downgrade!
MU analysts recommendations:- 17-Dec-07 Jefferies & Co Reiterated Buy $15 $12 17-Dec-07 Caris & Company Initiated Below Average $7 28-Nov-07 JMP Securities Reiterated Mkt Outperform $15 $10 04-Oct-07 Wachovia Initiated Outperform 03-Oct-07 Deutsche Securities Resumed Hold $10 10-Sep-07 Lazard Capital Initiated Buy 21-Aug-07 AG Edwards Upgraded Hold Buy $14 16-Aug-07 Credit Suisse Initiated Outperform $18 $17.5 11-Jul-07 WR Hambrecht Upgraded Hold Buy $17 10-Jul-07 Jefferies & Co Upgraded Hold Buy $12 $17 05-Jun-07 JMP Securities Reiterated Mkt Outperform $17 $15 23-Apr-07 AG Edwards Upgraded Sell Hold 05-Apr-07 Goldman Sachs Downgraded Neutral Sell 02-Apr-07 Robert W. Baird Upgraded Neutral Outperform $17 $18 14-Mar-07 Citigroup Upgraded Hold Buy 14-Feb-07 JMP Securities Reiterated Mkt Outperform $20 $18 12-Feb-07 Deutsche Securities Reiterated Hold $13.9 $12.8