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realfast95

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realfast95

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Tuesday, 04/10/2018 8:13:20 AM

Tuesday, April 10, 2018 8:13:20 AM

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Micron pullback a buying opportunity ahead of stronger second half, says Mizuho Mizuho analyst Vijay Rakesh said he remains a buyer of Micron (MU), and Western Digital (WDC) as well, amid their pullbacks as he believes DRAM supply will be measured with stable to higher DRAM pricing in the second half of the year. While Samsung's (SSNLF) DRAM capacity additions have raised concerns, he believes that given its challenges in OLED Samsung's focus will be on maintaining DRAM-NAND profitability. Rakesh maintains a Buy rating and $70 price target on Micron shares.

Read more at:
https://thefly.com/landingPageNews.php?id=2710593
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  • 1M
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  • 6M
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