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home / news releases / SIMO - Micron: It's A Buy But With One Important Caveat

SIMO - Micron: It's A Buy But With One Important Caveat

Silicon Motion Technology Corporation
  • Micron reported a robust FQ2'22 earnings card, with solid guidance.
  • We believe that the company is a high FCF yield defensive semiconductor play. However, investors need to note a key caveat when valuing MU stock.
  • Nonetheless, we rate MU stock a Buy, with a price target of $100.

For further details see:

Micron: It's A Buy, But With One Important Caveat
Stock Information
Company Name: Silicon Motion Technology Corporation
Stock Symbol: SIMO
Market: NASDAQ
Website: siliconmotion.com
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