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Why Micron Stock Just Popped | The Motley Fool

Shares of computer memory maker Micro Technology (NASDAQ:MU) climbed 5.8% through 10:30 a.m. EDT Tuesday morning after analysts at Swiss megabank UBS raised their price target on the stock to $120 per share. "UBS sees meaningful upside to NAND demand and pricing," reports StreetInsider.com today, "and now expect NAND contract pricing +5% q/q in 2Q (was -7%), +10% q/q in 3Q (was -7%), and +2% in 4Q (was -5%)." Image source: Getty Images. So what More than just an indication that things are "get...
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Source: fool.com

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