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Actionable news in MU: Micron Technology, Inc.,

Brean Initiates Micron With Buy Rating, $14 Price Target

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Micron Technology, Inc. MU faces easier comps in 2H16 and 2017, helping it generate EPS growth. Brean Capital’s Mike Burton initiated coverage of the company with a Buy rating and a price target of $14.


The DRAM industry has been in consolidation mode for the past decade. Currently, there are three providers which cater to over 90 percent of the market...