UPDATE: Wedbush Raises PT on Micron Technology on Stronger Q4 Guidance
June 20, 2013 at 13:16 PM EDT
In a report published on Thursday, Wedbush analyst Betsy Van Hees raised the price target on Micron Technology (NASDAQ: MU ) from $14.50 to $16.00 and maintained an Outperform rating. In the report, Wedbush noted, "Sees favorable DRAM & NAND supply/demand balance setting stage for strong FQ4. MU