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Fly News Breaks for March 18, 2019
MU
Mar 18, 2019 | 07:18 EDT
Deutsche Bank analyst Sidney Ho says that while he already cut his fiscal Q2 estimates for Micron Technology, he still sees risk to his numbers as DRAM contract prices "came down sharply" by 17% month-over-month in January and 14% month-over-month in February. The average for the February quarter is tracking down 20% quarter-over-quarter and the calendar Q1 is tracking down 25%-30%, Ho tells investors in a research note. Micron reports Q2 results on March 20. The analyst expects a "soft" guide from the company but keeps a Buy rating on the shares.
News For MU From the Last 2 Days
MU
Apr 18, 2024 | 16:26 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MU
Apr 18, 2024 | 16:25 EDT
MU
Apr 18, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
