"No Denying" MU Earnings & Demand, "Chinks in Armor" Will Hit Stock
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"There's no denying" Micron (MU) earnings were "fantastic," says Logan Gilland, who believes the company's report demonstrates long-standing need for AI memory. However, any subtle demand decline is something he sees hitting the stock already "priced for perfection." Angelo Zino agrees that the earnings delivered a strong bull case, though the stock's lackluster reaction ties into doubts of demand sustainability. Gross margins being lighter also chipped into the guidance. That said, Angelo sets a $1,500 price target for Micron. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vi
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