Stifel analyst Kevin Cassidy says that Micron reported "solid" results, and he thinks that "demand may continue to outstrip supply" throughout the rest of 2017. While he thinks that average selling prices will decline in-line with cost over the longer term ,he raised his price target to $47 from $40 and continues to recommend buying the stock.
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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