Citi analyst Christopher Danely raised his price target for Micron Technology to $45 citing the company's "solid" Q2 results and above consensus Q3 outlook. Micron is benefiting from the best DRAM market since 2000, Danely tells investors in a post-earnings research note. He believes the company's margin improvement initiatives and the DRAM upturn "will last" and reiterates a Buy rating on the shares.
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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