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Fly News Breaks for September 20, 2017
Sep 20, 2017 | 05:37 EDT
Ahead of next week's results, Deutsche Bank analyst Sidney Ho raised his estimates for Micron to reflect a better than expected pricing environment in the second half of 2017. Investors continue to underestimate the staying power of the current cycle, especially for DRAM, Ho tells investors in a research note. He raised his price target for Micron shares to $42 and keeps a Buy rating on the name.
News For MU From the Last 2 Days
Mar 21, 2018 | 08:55 EDT
Tuesday's total option volume of 15.7 million contracts resulted in net open interest growth of 3.03 million calls and 2.86 million puts. Facebook (FB), General Electric (GE), Micron (MU) and Twitter (TWTR) saw the greatest growth. Top five new positions opened include 41k Transocean (RIG) Jan-20 5 puts, 40k Facebook (FB) Apr-18 115 puts, 30k Oracle (ORCL) Apr-18 45 puts, 26k General Electric (GE) Sep-18 16 calls and 23k General Electric (GE) May-18 14 puts.
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