UPDATE: Credit Suisse Raises PT on Micron Technology, Wuxi Output Unlikely to Impact Pricing
October 03, 2013 at 14:14 PM EDT
In a report published Thursday, Credit Suisse analyst John Pitzer increased the price target on Micron Technology Inc. (NASDAQ: MU ) from $20 to $25. Pitzer looked directly at the sustainability of current trends in his analysis as “EPS upside is no longer in question, the multiple investors are willing