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Fly News Breaks for March 17, 2015
MU
Mar 17, 2015 | 08:00 EDT
RBC Capital lowered its fiscal 2016 EPS estimate for Micron by 10%, citing lower DRAM bit growth expectations. The firm cut its price target on the name to $40 from $44 but continues to find the stock's valuation attractive and keeps an Outperform rating on the shares.
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