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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 226.97

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Nov 24 3:59 PM EST

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From: Sam	2/6/2018 8:43:35 AM
	of 4828

Micron upgraded to Strong Buy at Needham after Q2 guidance As reported earlier, Needham analyst Rajvindra S. Gill upgraded Micron to Strong Buy from Buy with a $76 price target, citing the company's increased Q2 revenue guidance and CFO transition. Gill says he remains positive on the memory cycle, with room to expand NAND gross margins "despite a declining price environment". The analyst adds that the excess NAND supply in the market will be absorbed by demand for client and data center SSDs. Read more at: thefly.com

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