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Micron Technology (MU) Stock Price Target Raised at MKM Partners

NEW YORK (TheStreet) -- Shares of Micron Technology (MU) were advancing in mid-afternoon trading on Monday as MKM Partners increased its price target to $21 from $19 on the Boise, ID-based semiconductor company this morning.

The firm maintained its "buy" rating on Micron Technology and updated its full-year estimates to a loss of 12 cents per share from a loss of 18 cents per share.

MKM also raised its 2017 earnings estimates to be 59 cents per share, up from 39 cents per share.

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