We have reduced our price estimate for Micron from $63 per share to about $38, on account of a weak memory pricing environment, particularly for DRAM, which is expected to put pressure on the company's profitability and cash flows.
We have reduced our price estimate for Micron from $63 per share to about $38, on account of a weak memory pricing environment, particularly for DRAM, which is expected to put pressure on the company's profitability and cash flows.
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