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Micron Earnings: Can It Replicate Broadcom's Surge?
Micron Technology, the largest storage chip manufacturer in the US, is set to release its Q1 FY2025 earnings after the market closes on Wednesday. Wall Street expects Micron’s revenue this quarter to reach $8.72 billion, representing an 84% year-over-year increase. Srini Pajjuri, an analyst at Raymond James, has maintained a Buy rating on Micron with a price target of $140.
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Do you expect Micron to rally post-earnings?
Can it replicate Broadcom’s surge?
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