InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,018.08
(
-1.06%
)
US TECH 100
16,823.20
(
-1.39%
)
Dow Jones
37,902.24
(
-1.45%
)
Brent Oil
86.75
(
-0.54%
)
Bitcoin
64,021.63
(
-0.40%
)
Post# of 216
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

TREND1

Send PM Follow Ignore
Followers 417
Posts 52354
Boards Moderated 13
Alias Born 12/16/2001

TREND1

Member Level

Re: None

Tuesday, 08/01/2017 11:10:35 AM

Tuesday, August 01, 2017 11:10:35 AM

Post# of 216
8/1 Citi advises to buy on Micron weakness


• Citi calls Micron Technology’s (NASDAQ:MU) recent weakness a buying opportunity.

• Analyst Chris Danely says global DRAM supply model shows demand exceeding supply by 2% this year and 5% next year.

• NAND has experienced a large increase in capital expenditures on the year, which worries Citi, but only makes up about a quarter of Micron’s profits.

•Citi reiterates Buy rating with a $45 price target.

•Source: Bloomberg

•Micron shares are up 2.17%.



•Now read: Value In An Expensive Market: Micron's Cyclical Mispricing »


https://seekingalpha.com/news/3283837-citi-advises-buy-micron-weakness?uprof=51#email_link

MAIN BOARD http://investorshub.advfn.com/TRADING-3X-TNA-TQQQ-SPXL-RUS-2000-FUTURES-12981/

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up