Here's a closer look at UBS analyst Tim Arcuri's report on the memory chipmaker, along with a review of the analyst's track record. Does this bullish note hold water?
News & Analysis: Micron Technology
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The memory and storage specialist had a great 2019, and there’s a path for it to deliver much bigger gains to shareholders.
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It's true that the company expects revenue to fall next quarter, but the situation was never this good last time.
New technologies change the trading pattern of MU.
Confirmation that an industry-wide revival is indeed on the way could be a tailwind for the memory specialist.
Investors anticipate a recovery in selling prices of the company's memory and storage products.