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Jefferies Reiterates Buy Following Meetings with Micron Technology (MU)

June 2, 2015 7:30 AM EDT

Jefferies reiterates a Buy rating and $40 price target on Micron Technology (NASDAQ: MU) following meetings with management. Analyst Sundeep Bajikar believes that MU will emerge structurally stronger in 2H15.

Bajikar commented, "Our meetings with management reinforce our view that DRAM is... More