WDC, NAND, NVM, enterprise storage systems, etc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

SNDK 240.11

-15.2%

3:30 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

Unwelcomeguest

To: Unwelcomeguest who wrote (4220)	9/20/2019 7:59:20 AM
From: Sam	1 Recommendation of 4827

And JPM is joining the crowd with an Overweight for Micron on improved NAND pricing. That should hold for WDC as well. Micron target boosted on NAND improvement Sep. 20, 2019 7:53 AM ET\|About: Micron Technology, Inc. (MU)\|By: Brandy Betz, SA News Editor JPMorgan raises its Micron (NASDAQ: MU) target from $50 to $65, citing an improved NAND pricing view. Analyst Harlan Sur says NAND chip pricing "was better than our prior expectations," and DRAM chips were "relatively in-line with our expectations." The firm expects a H2 "spending inflection in cloud data center" plus strong demand for gaming, PCs, and smartphones. Micron reports earnings on September 26 and Sur thinks the next quarter will "mark the trough in overall gross margins." Rating affirmed at Overweight. Micron has an Outperform average Sell Side rating. MU shares are up 0.8% pre-market to $50.21. seekingalpha.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next