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Fly News Breaks for September 21, 2017
MU
Sep 21, 2017 | 08:46 EDT
Loop Capital analyst Betsy Van Hees believes that Micron's Q4 results can beat expectations , driven by tight memory supplies, rising prices and cost reductions. She thinks the company will modestly increase its Q1 guidance, as she thinks that its current guidance is conservative. The analyst raised her price target on the shares to $46 from $40 and keeps a Buy rating on the stock.
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