UPDATE: Piper Jaffray Raises PT on Micron Technology Following May'13 Qtr Results
June 20, 2013 at 13:36 PM EDT
In a report published on Thursday, Piper Jaffray analyst Jagadish Iyer raised the price taget on Micron Technology (NASDAQ: MU ) from $12 to $18 and maintained an Overweight rating on the company. In the report, Piper Jaffray commented, "Micron reported F3Q13 revenues of $2.32bn (+12%q/q, cons. $2.25bn) driven primarily