Form 144 MICRON TECHNOLOGY INC Filed by: MEHROTRA SANJAY

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Go back to Form 144 MICRON TECHNOLOGY INC Filed by: MEHROTRA SANJAY

Citi on Micron (MU) Post DRAM Contract Quoting Deferral: 'We believe this could be positive for DRAM...likely will be some inventory scrappage, leading to less supply'

April 3, 2024 3:08 PM EDT

Citi analyst Christopher Danely reiterated a Buy rating and $150.00 price target on Micron Technology (NASDAQ: MU).

The analyst comments "Yesterday, several sources reported that a magnitude 7.4 earthquake struck Taiwan. We would note that Micron has roughly 60% of its DRAM manufacturing in Taiwan. According to... More