Form 8-K MICRON TECHNOLOGY INC For: Dec 22

Go back to Form 8-K MICRON TECHNOLOGY INC For: Dec 22

Micron (MU) Seen as 2016 'Recovery Play', Says Deutsche Bank

December 23, 2015 7:52 AM EST

Deutsche Bank maintained a Buy rating on Micron Technology (NASDAQ: MU) but trimmed its price target to $17.00 (from $20.00). Despite weaker than expected Q2 guidance, analyst Sidney Ho thinks catalysts are in place for a recovery in the second half of 2016.

"Although most... More