JPMorgan Sees Micron Positioned for Beat-and-Raise Ahead of Q4 Results
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The post JPMorgan Sees Micron Positioned for Beat-and-Raise Ahead of Q4 Results appeared first on 24/7 Wall St..
JPMorgan kept its Overweight rating and $1,540 price target on Micron (NASDAQ:MU) ahead of the company’s fiscal Q4 report on September 30. The firm calls the setup “constructive,” with “multiple beat-and-raise levers still in play.”
The restatement shows Wall Street still has confidence in Micron’s pricing power. Investors now have to consider that
JPMorgan kept its Overweight rating and $1,540 price target on Micron (NASDAQ:MU) ahead of the company’s fiscal Q4 report on September 30. The firm calls the setup “constructive,” with “multiple beat-and-raise levers still in play.”
The restatement shows Wall Street still has confidence in Micron’s pricing power. Investors now have to consider that
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