What To Expect From Micron Tech's Q3 Earnings - Bullish Analyst Lays Out Forecast

Loading...Loading...Rosenblatt analyst Hans Mosesmann maintained Micron Technology Inc MU as a Buy with a $225 price target.Mosesmann expects Micron to deliver a beat-and-raise as it enters one of the most significant memory cycles in history, driven by the increasing demand for memory in artificial intelligence applications, a new ramp-up in the High-bandwidth memory (HBM) industry that reduces supply available for traditional DRAM, and ongoing discipline in memory capital expenditures.The analyst noted th ...