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Rosenblatt Securities Stick to Their Buy Rating for Micron

November 30, 2020
Hans Mosesmann

Rosenblatt Securities analyst Hans Mosesmann maintained a Buy rating on Micron on Monday, setting a price target of $100, which is approximately 55.69% above the present share price of $64.23.

Mosesmann expects Micron to post earnings per share (EPS) of $0.89 for the fourth quarter of 2020.

The current consensus among 22 TipRanks analysts is for a Moderate Buy rating of shares in Micron, with an average price target of $64.39.
The analysts price targets range from a high of $100 to a low of $35.

In its latest earnings report, released on 08/31/2020, the company reported a quarterly revenue of $6.06 billion and a net profit of $1.2 billion. The company's market cap is $70.61 billion.

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