Pacific Crest Remains Sector Weight On Micron (MU), Sees Fair Value At $32

Pacific Crest maintains Sector Weight on Micron Technology (NASDAQ: MU).

Analyst Weston Twigg comments "We are raising our estimates meaningfully, and we see fair value around $32. While we think the stock should be trading higher, we remain Sector Weight primarily because we anticipate memory pricing volatility by late 2017."

For an analyst ratings summary and ratings history on Micron Technology click here. For more ratings news on Micron Technology click here.

Shares of Micron Technology closed at $26.47 yesterday.

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