Shares of Micron Technology (NASDAQ: MU) rallied 6.8% on Monday, as of 1:41 p.m. ET.

The memory chip supplier will hold its earnings on Wednesday, as one of the last major companies to report before the year closes out. Ahead of Wednesday's news, one analyst reiterated his buy rating and bullish price target.

Today, sell-side analyst Christopher Danley published a bullish note ahead of earnings, maintaining a buy rating and a $150 price target.

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Source Fool.com