Stifel: Micron growth may slow, supporting high prices
Stifel analysts said Micron’s growth pace could slow soon, but the firm expects the company to sustain high prices and profit margins. Micron shares rose 1.6% to $1,032.04 in Monday’s trading.
Stifel said Micron Technology’s rapid growth could slow in the near term. The analysts said any loss of short-term growth could be offset by sustained high prices and profit margins. 04 on Monday.