Option Millionaires

[uranium-pinto-beans]

$MU gets a target raise


Micron price target raised to $60 from $52 at Baird
Baird analyst Tristan Gerra raised his price target on Micron to $60 from $52 to reflect a stronger than expected DRAM outlook for the medium term. The analyst expects DRAM pricing to increase high single digits in Q4 driven by mobile and data centers. Gerra reiterated his Outperform rating on Micron shares