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Fly News Breaks for March 24, 2017
MU
Mar 24, 2017 | 07:46 EDT
Credit Suisse analyst John Pitzer raised his price target for Micron to $40 from $35 following better than expected quarterly results and guidance. The analyst says that while Micron is "clearly benefiting" from better cyclical pricing, the more important drivers seem more sustainable. He reiterates an Outperform rating on the shares.