Micron Technology (MU) Update on Taiwan Earthquake
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Citi Continues to Pound the Table on 'Top Pick' Micron Technology (MU), 'We Expect Upside to Consensus The Rest of the Year'
April 5, 2024 5:03 AM EDTCiti analyst Christopher Danely reiterated a Buy rating and $150.00 price target on Micron Technology (NASDAQ: MU).
The analyst comments "We spent time on the road this week with our top pick Micron. We continue to expect upside to estimates given the... More
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 EDTCiti 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
