Nomura analyst Romit Shah raised Buy rated Micron's price target to $20 from $16 to reflect the recovery in DRAM. He believes Micron can generate normalized operating margins of 10%, versus a 5 year historical median of 8%.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here