Information Provided By:
Fly News Breaks for July 18, 2019
MU
Jul 18, 2019 | 06:38 EDT
Barclays analyst Blayne Curtis raised his price target for Micron Technology (MU) to $50 from $40 and keeps an Overweight rating on the shares. Data center softness "clearly lingered" into Q3, but demand will have to eventually improve, Curtis tells investors in a research note on the U.S. Semiconductors space. The analyst expects Mircon Technology and Inphi (IPHI) to benefit from the rebound.