Micron (MU) Earnings Preview: Hold Off on Buybacks Until Profitability Improves

Angelo Zino previews Micron (MU) earnings report and discusses other semiconductors to watch. CFRA has a buy rating on Micron and $130 price target. Zino highlights that Micron has $9.7B of cash and $13.7B of debt as it holds off on buybacks until profitability improves.
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