Micron reports earnings Wednesday and here’s what analysts think

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Citi’s Christopher Danley told clients in a note that results are expected to be in-line with guidance but he sees downside to 2019 and 2020 estimates “due to the DRAM Crash,” a reference to the drop in price for memory chips. He also said earnings per share are expected to drop in the second half of this year.

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“In our conversations with investors, the Bulls think we are at or approaching the bottom and that a…

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