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Fly News Breaks for May 27, 2015
MU
May 27, 2015 | 07:07 EDT
Jefferies recommends buying shares of Micron with the stock down 23% year-to-date. The firm expects DRAM under-supply in the second half of 2015 as new smartphones roll out. It believes investor sentiment remains cautious and keeps a Buy rating on Micron with a $40 price target.
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