Consensus Price Target Updates for Micron Technology, Inc. (NASDAQ:MU), Twitter, Inc. (NYSE:TWTR)

According to data provided by Zacks Research, Micron Technology, Inc. (NASDAQ:MU) has a consensus target price of $38.285 on the stock. Out of the polled analysts providing targets, the high is currently $47, while the low is resting at $34. Analyst price targets may vary depending on the individual method used to calculate the estimate.
Turning to earnings, analysts are expecting Micron Technology, Inc. (NASDAQ:MU) to post a current quarter EPS of $1.37. This consensus number is compiled by Zacks Research. For the period ending on 2017-02-28, the company reported EPS for the quarter of $0.77. The resulting surprise factor from the difference between the reported number and the consensus estimate going into earnings was 0%. After a company reports earnings, the stock may see increased activity. The next earnings report date is scheduled on or near 2017-06-29.
In terms of analyst ratings, Micron Technology, Inc. (NASDAQ:MU) has a current ABR of 1.42. This average broker recommendation is given by Zacks using a scale from 1 to 5. According to this scale, a rating of 1 or 2 would indicate a Buy, and a rating of 4 or 5 would signify a Sell recommendation. A 3 would indicate a Hold on the stock.

Twitter, Inc. (NYSE:TWTR) shares have a current ABR (average broker recommendation) of 3.63. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.

Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Twitter, Inc. (NYSE:TWTR). The highest current target is $20. The lowest price target out of the polled analysts is presently $10. The consensus target price is currently noted at $14.225. Analysts may employ various techniques to help predict future stock price levels.

On the earnings front, Twitter, Inc. (NYSE:TWTR) is expected to post quarterly earnings per share of $-0.09. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-07-25. Twitter, Inc. (NYSE:TWTR) most recently reported quarterly EPS of $-0.05 for the quarter ending 2017-03-31. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 68.75%.

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