Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2021
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Micron Technology (MU) PT Raised to $110 at Bernstein
January 8, 2021 7:26 AM ESTBernstein analyst Mark Newman raised the price target on Micron Technology (NASDAQ: MU) to $110.00 while maintaining an Outperform rating following resuls.
Newman notes management's outlook showed strong support for DRAM recovery but more cautious for NAND due to expected supply increases.
The firm now sees earnings of $4.57 EPS in FY2021.
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