Micron eyeing potential beat before tougher conditions hit - analysts
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Micron Technology Inc (NASDAQ:MU) is expected to potentially exceed first-quarter earnings estimates according to Wedbush analysts, despite anticipating tougher conditions ahead.
December 17, 2024 | 7:00 pm
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Micron Technology is anticipated to potentially exceed first-quarter earnings estimates, as per Wedbush analysts. However, tougher conditions are expected in the future.
Wedbush analysts suggest that Micron's first-quarter guidance is achievable or beatable, indicating a positive short-term impact on the stock price. However, the mention of tougher conditions ahead suggests caution for the future.
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