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Fly News Breaks for October 11, 2019
MU
Oct 11, 2019 | 09:43 EDT
Cleveland Research analyst Chandler Converse raised his estimates for Micron's November-end quarter to account for improved NAND pricing and buy-ahead that he sees driving upside in volume. However, he sees risks to the February-end quarter given his concerns about inventory build at customers, CPU supply challenges and seasonality. Converse has a Neutral rating on Micron shares.
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