UPDATE: Bank of America Reiterates Micron Technology at Buy as Elpida M&A is 'Well Guided'
June 20, 2013 at 12:40 PM EDT
In a report published on Thursday, Bank of America analyst Simon Dong-je Woo reiterated a Buy rating and $18 price objective on Micron Technology (NASDAQ: MU ). In the report, Bank of America commented that, "Management stated that the Elpida acquisition should be closed in 4Q. We already modeled the