
~!!~Plenty on the Street today want to call the bottom in the deteriorating fundamentals of its market that have plagued it this year, though that view is not universal//©
~!!~Hans Mosesmann, who has a Strong Buy on Micron, cuts his price target to $26 from $28, but writes that **Micron*s outlook suggests the November quarter is likely an earnings bottom for the company, and a proof~point that the new **model**can weather down~cycles profitably//**
~!!~Credit Suisse*s John Pitzer, who has an Outperform rating, cuts his price target to $25 from $34, writing that he, too, sees the company now being able to reach a steady state of profitability, even though things may be bumpy through the February quarter//©