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Fly News Breaks for March 20, 2017
Mar 20, 2017 | 08:18 EDT
Nomura analyst Romit Shah says that DRAM spot prices "flattened" over the last month and fell almost 2% last week. The analyst believes that investors are too focused on DRAM pricing trends' impact on Micron ,and he says that the performance of the stock has tended to correlate with its operating margin. The analyst thinks that the company's operating margin during its May quarter will reach 26%, which, based on historical norms, should result in a share price of $32, versus the stock's current level of $25.80. Shah keeps a Buy rating on the shares.
News For MU From the Last 2 Days
Aug 14, 2017 | 07:35 EDT
Notable call activity was cited Friday in Apple (AAPL), Micron (MU), Kroger (KR), Dow Chemical (DOW), Canadian Solar (CSIQ), Norwegian Cruise Line (NCLH), MiMedx (MDXG), Red Hat (RHT), Autohome (ATHM), and Dentsply Sirona (XRAY).
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