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Fly News Breaks for April 17, 2019
Apr 17, 2019 | 09:30 EDT
Cleveland Research analyst Chandler Converse said his work indicates that the pace of DRAM price declines is expected to decelerate in the second half of the year and that the NAND market could bottom in the second half as the turn could be sooner than previously expected. The analyst, who sees a more favorable 2020 setup for DRAM/NAND pricing, keeps a Neutral rating on Micron shares.
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