Wedbush Maintains Neutral Rating, $105 Target Ahead of Micron (MU) Earnings

Matt Bryson breaks down Wedbush's coverage on Micron ahead of the company's quarterly earnings. The firm has a neutral rating with a $105 dollar price target, and sees demand strength and limited supply growth as likely to still yield upward pricing in 4Q. Wedbush also highlights margins and pricing, which are expected to remain solid well into 2022 on the back of strong demand fundamentals.

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Wedbush Maintains Neutral Rating, $105 Target Ahead of Micron (MU) Earnings

Matt Bryson breaks down Wedbush's coverage on Micron ahead of the company's quarterly earnings. The firm has a neutral rating with a $105 dollar price target, and sees demand strength and limited supply growth as likely to still yield upward pricing in 4Q. Wedbush also highlights margins and pricing, which are expected to remain solid well into 2022 on the back of strong demand fundamentals.

ON AIR
7:00 am
Market Overtime
replay

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