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Technology Stocks : Micron Only Forum
MU 223.77-0.1%Oct 31 9:30 AM EST

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To: pcyhuang who wrote (53873)7/12/2007 1:14:47 AM
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Micron
Briefing.com - July 11, 2007 8:44 AM ET

WR Hambrecht upgrades Hold to Buy. Target $17. WR Hambrecht upgrades MU to Buy from Hold with a $17 tgt saying they believe that recent data points in the past two weeks have caused them to be more positive on the story. First, DRAM 512Mb DDR 2 contract pricing has been up in the H1 of July by ~7%, and they believe that H2 pricing will be up 10-15%. The firm says P.C demand, especially from Dell and Kingston, is coming back into the memory market.
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