BMO Capital Upgrades Micron Technology (MU) to Outperform

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Macquarie Reiterates Outperform on Micron Technology (MU) After Meeting with Management

January 9, 2019 6:53 AM EST

Macquarie analyst, Srini Pajjuri, reiterated an Outperform rating and $50.00 price target on Micron Technology (NASDAQ: MU) after meeting with management. The company remains optimistic that inventory correction will end in 1HC19, and sees a recovery in 2HC19.

Paijuri expects customer inventories to... More