Zacks says to buy MU for the long term...
Idaho-based Micron Technology has established itself as one of the leading worldwide providers of semiconductor memory solutions.
On December 27, 2016, MU was added to the Zacks Focus List at $23.26 per share. Shares have increased 373.82% to $110.21 since then.
For fiscal 2024, one analyst revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.23 to -$0.33. MU boasts an average earnings surprise of 69.6%.
Additionally, Micron's earnings are expected to grow 92.6% for the current fiscal year.
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