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Post# of 363419
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jimmybob

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jimmybob

Re: jimmybob post# 326956

Wednesday, 06/20/2018 6:28:09 AM

Wednesday, June 20, 2018 6:28:09 AM

Post# of 363419
Nomura positive on Micron into tonight's earnings report
In a pre-earnings research note titled "Keep Your Composure," Nomura Instinet analyst Romit Shah says he remains positive on Micron Technology into tonight's earnings print despite the recent selloff in memory-related names. While sentiment appears "less constructive," Micron should guide modestly above consensus for the August quarter, Shah contends. The analyst adds that a $10B buyback "should provide strong support for the stock." He keeps a Buy rating on Micron with a $100 price target

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