Citi analyst Christopher Danely lowered the firm’s price target on Micron Technology to $150 from $175 and keeps a Buy rating on the shares ahead of the fiscal Q4 report on September 25. The firm expects the company to post results and guidance below consensus estimates driven by legacy DRAM weakness. While it appears there has been an inventory build in DRAM in the PC and handset end markets, this should finish by the end of the year, the analyst tells investors in a research note. The firm expects Micron’s revenue and gross margins to increase for the next several quarters.