If one leading analyst’s forecast plays out, any investors feeling slightly deflated by Micron’s (MU) underperformance so far in 2020 need not worry.Ahead of next week’s fiscal 3Q20 earnings report, Rosenblatt analyst Hans Mosesmann is confident in the chipmaker’s ability to execute. What’s more, he expects the next quarterly results to be even better.The 5-star analyst has a Buy recommendation on Micron shares, to go hand in hand with a lofty $100 price target. This conveys Mosesmann’s belief that Micron will soar by 107% over the next 12 months. (To watch Mosesmann’s track record, click here)“We continue to like shares …read more
Source:: Yahoo Finance
