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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 223.28+3.8%Nov 28 9:30 AM EST

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From: bigchad11/27/2017 3:04:14 PM
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seekingalpha.com

Stifel defends Micron and NAND after Morgan Stanley comments
Nov. 27, 2017 2:28 PM ET|About: Micron Technology Inc. (MU)|By: Brandy Betz, SA News Editor

Stifel defends Micron (NASDAQ: MU) after this morning’s Morgan Stanley comments.

Morgan Stanley increased Micron’s price target from $39 to $55 and maintained its Overweight rating.

The analyst said he recommended Micron more than other chip stocks, as he’s more bullish on DRAM.

Morgan Stanley was less optimistic about NAND pricing.

Stifel counters with a forecast that NAND pricing will fall in-line or better than the firm’s estimates.

Micron shares are down 3.4%.
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