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Technology Stocks : Semi Equipment Analysis
SOXX 291.39+2.8%4:00 PM EST
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Sam
To: Sam who wrote (75949)6/13/2017 11:15:28 AM
From: Donald Wennerstrom1 Recommendation   of 95478
 
His praise for Micron that caused a price increase out of the gate this morning is fading fast.

Shares of DRAM and NAND flash memory-chip maker Micron Technology ( MU) are up 50 cents at $31.70 in early trading, after Macquarie Research's Srini Pajjuri this morning issued a note to clients in which he reiterated his Outperform rating on Micron stock, and his $35 price target, writing that prices for DRAM will continue to rise the rest of this year, driving up his estimates for the company.


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