Covering Micron (MU) Earnings And Outlook

Published: Sept. 29, 2021, 4:44 p.m.

b'Micron (MU) still has supply chain issues but investors are willing to forgive and move on from the lower guidance, says Harsh Kumar of Piper Sandler. Supply chain issues are expected to impact the company through the first half of FY22, he adds. Piper Sandler has a neutral rating on Micron and lowered its price target to $70 from $90.'