Information Provided By:
Fly News Breaks for June 26, 2017
MU
Jun 26, 2017 | 07:48 EDT
Cowen analyst Timothy Arcuri noted Micron's multiple has compressed since 2014, creating what he sees as a "massive" opportunity if he is right about the sustainability of the DRAM S/D market. Arcuri expects another beat and raise quarter and said the company's NAND business remains undervalued. Arcuri reiterated his Outperform rating and raised his price target to $38 from $34 on Micron shares.
News For MU From the Last 2 Days
There are no results for your query MU