Summit Research Positive on Micron (MU); Sees 2nd-Half DRAM Shortages and Sees Investment from Google or Others
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Canaccord Genuity Believes Amazon.com (AMZN) is Still in Investment mode But Raises Price Target to $400; Reiterates Hold
June 15, 2015 9:38 AM EDTCanaccord Genuity reiterates a Hold rating on Amazon.com (NASDAQ: AMZN), and raised the price target to $400.00 (from $380.00), after revisiting margin drivers. Analyst Michael Graham believes that the company is still in investment mode.
Graham commented, "Amazon stock has been a dramatic... More
Micron's (MU) Price Target Reduced at Pacific Crest
June 12, 2015 7:00 AM EDTPacific Crest maintained an Overweight rating on Micron Technology (NASDAQ: MU) but lowered its price target to $32.00 (from $39.00). Analyst Monika Garg cut estimates due to weakness in PC sales. However, he noted the recent sell-off accounts for negativity in Micron.
"We are reducing our F2015 estimates due to continued weakness in the PC DRAM market. We are also reducing F2016... More
