Analyst Bio:
Rosenblatt analyst Hans Mosesmann reiterated Micron Technology Inc (NASDAQ:MU) with a Buy and a $140 price target.
The analyst expects Micron to deliver a beat and raise on Wednesday, March 20, on AI-driven segment demand, a bottoming in the broader markets (recovery in the second half of calendar year 2024) amid the industry’s disciplined supply memory posture.