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Fly News Breaks for June 26, 2015
MU
Jun 26, 2015 | 07:39 EDT
Cowen said to use any weakness in Micron as a buying opportunity as they continue to like its valuation given its near-term earnings bottom, the company's 3D NAND tech roadmap and technology migrations forcing more rational behavior in DRAM. Cowen reiterated its Outperform rating, but lowered its price target to $30 from $34 on Micron shares.
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