Micron Technology, Inc. (NASDAQ:MU) Post Q4 2023 Earnings Analyst Conference Call September 27, 2023 6:00 PM ET Company Participants Samir Patodia – IR Mark Murphy – EVP & CFO Manish Bhatia – EVP of Global Operations Sumit Sadana – EVP & Chief Business Officer Conference Call Participants Harlan Sur – JPMorgan Ambrish Srivastava – BMO Capital Markets Chris Danely – Citigroup Aaron Rakers – Wells Fargo Securities Vivek Arya – Bank of America Merrill Lynch Karl Ackerman – BNP Paribas Exane Brian Chin – Stifel Quinn Bolton – Needham & Company Operator Thank you for standing by, and welcome to Micron’s Post-Earnings Analyst Call. At this time, all participants are in listen-only mode. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] And now I’d like to introduce your host for today’s program, Samir Patodia, Investor Relations. Please go ahead, sir. Samir Patodia Thanks. And welcome to…
Citigroup analyst Christopher Danely reiterates Micron Technology (NASDAQ:MU) with a Buy and maintains $85 price target.
Evercore ISI Group analyst Amit Daryanani reiterates Apple (NASDAQ:AAPL) with a Outperform and maintains $210 price target.
B of A Securities analyst Wamsi Mohan reiterates Apple (NASDAQ:AAPL) with a Neutral and maintains $208 price target.
Morgan Stanley analyst Joseph Moore maintains Micron Technology (NASDAQ:MU) with a Underweight and raises the price target from $46 to $58.5.
Morgan Stanley analyst Erik Woodring reiterates Apple (NASDAQ:AAPL) with a Overweight and maintains $215 price target.
Barclays analyst Saket Kalia maintains CrowdStrike Holdings (NASDAQ:CRWD) with a Overweight and raises the price target from $186 to $200.
Wedbush analyst Matt Bryson reiterates Micron Technology (NASDAQ:MU) with a Outperform and maintains $80 price target.
Wedbush analyst Daniel Ives reiterates Microsoft (NASDAQ:MSFT) with a Outperform and maintains $400 price target.
CrowdStrike Holdings raised its targets for subscription gross margins and operating margins, leaving Wall Street optimistic about the security software company. At a briefing at Fal.Con, CrowdStrike (ticker: CRWD) said it was raising its new target model of subscription gross margin to 82% to 85% of revenue, up 400 basis points from its previous target, and boosting its operating margin target to 28% to 32%, up 900 basis points. The company said the timeframe for meeting those targets was three to five years.