FMP
Sep 18, 2023 4:05 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Deutsche Bank analysts upgraded Micron Technology (NASDAQ:MU) to Buy from Hold and raised its price target to $85.00 from $65.00.
The analysts cited a faster-than-expected improvement in the pricing of its primary DRAM chips. They noted that there is an "inflection point" in DRAM semiconductor prices, with improvements occurring at least one quarter earlier than anticipated. This shift is attributed to increased demand for artificial intelligence servers, particularly those using high bandwidth memory (HBM) DRAM chips, which are commonly used in generative AI applications.
The analysts also mentioned that recent supply chain checks indicate sustainable price increases, with expectations of further acceleration in the next two quarters due to limited supply growth.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...