UPDATE: Stifel Nicolaus Raises PT on Micron Technology Following Raised Estimates
June 06, 2013 at 10:12 AM EDT
In a report published Thursday, Stifel Nicolaus analyst Kevin Cassidy reiterated a Buy rating on Micron Technology (NASDAQ: MU ), and raised the price target from $14.00 to $16.00. In the report, Stifel Nicolaus noted, “We are lifting our estimates for Micron based on the May quarter average selling prices