Micron Heads Into Earnings as JPMorgan Sees HBM Shortage Lasting Through 2028
JPMorgan analyst Harlan Sur expects Micron Technology Inc. (NASDAQ: MU ) to confirm strong memory pricing in its fourth-quarter report, due Sept. 30. Sur reiterated an Overweight rating and $1,540 price forecast, saying Micron has several opportunities to beat current Wall Street expectations and raise its outlook. Aug