Micron Technology Inc (NASDAQ:MU) is gearing up to report its fiscal fourth quarter results on Tuesday, Sept. 23.
Here are some analyst projections:
- JPMorgan analyst Harlan Sur maintained an Overweight rating and price target of $185.
- Rosenblatt Securities analyst Kevin Cassidy reaffirmed a Buy rating and price target of $200.
Check out other analyst stock ratings.
JPMorgan: Micron Technology preannounced results last month. The firm reported upside to revenue, gross margin, and earnings. The upside was primarily driven by better-than-expected pricing across various end-markets, including AI-datacenter, smartphone, and personal computers.
The company is likely to announce its November quarter guidance “solidly ahead of expectations,” …