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Actionable news in MU: Micron Technology, Inc.,

One Reason Why Micron (MU) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of Micron Technology (MU) were climbing in early-afternoon trading on Monday after Deutsche Bank and Stifel raised their price targets on the stock after HP (HPQ) said on its 2016 third-quarter earnings conference call that there will likely be shortages around LCDs, DRAM and flash memory.

Micron's portfolio includes DRAM and NAND components that are the basis for solid-state drives, modules, multi-chip packages and other system solutions.

Deutsche Bank raised its price target on the stock to $20 from $15, noting that the DRAM market has demonstrated an "encouraging turnaround in the past two months, driven by the...


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