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Fly News Breaks for May 31, 2016
MU
May 31, 2016 | 05:56 EDT
Baird analyst Tristan Gerra upgraded Micron Technology to Outperform citing DRAM price stabilization, a positive NAND flash outlook and the company's improving gross margin outlook and cost structure. The analyst raised his price target for the shares to $18 from $12.
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