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Technology Stocks : Semi Equipment Analysis
SOXX 312.76+1.1%4:00 PM EST
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From: Donald Wennerstrom2/21/2019 3:05:23 PM
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Micron (MU): Is There Really a Recovery on the Horizon? Deutsche Bank Weighs in on the Stock
Jon Hadad- February 19, 2019, 9:01 AM EDT

smarteranalyst.com


Deutsche Bank analyst Sidney Ho believes this to be the case, as he maintains his Buy rating and $48 price target.

Looking beyond Q2, the analyst also lowers his estimates because of weaker pricing but “believe(s) earnings estimates will trough in F3Q (May), albeit at a lower level than we previously expected,” which will carry over to Q3 and Q4.

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