Bahanking
12-12 20:15
$Micron Technology(MU)$  memory prices going up and hence why
Goldman Turns Bullish on Micron: New All-Time Highs After Earnings?
Ahead of Micron earnings scheduled for December 17, Goldman Sachs analysts predicted results that will exceed Wall Street’s consensus. Goldman expects Micron’s fiscal Q3 revenue to reach $13.2 billion, above the Street’s $12.7 billion estimate, and forecasts EPS of $4.15, higher than the $3.84 consensus. Bank of America has also raised its price target for Micron to $250. Micron’s stock has already surged more than 190% this year. Can Micron hit new highs after the results? And do you believe in the long-term outlook for the memory sector?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment