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Fly News Breaks for June 23, 2016
MU
Jun 23, 2016 | 07:23 EDT
As reported previously, Susquehanna upgraded Micron to Positive from Neutral to reflect the improving PC and server DRAM average selling price trends heading into the second half of the year. In addition, the NAND market continues to improve, which could lead to a supply shortage by the September quarter. Susquehanna raised its price target to $18 from $10 on Micron shares.