截至发稿，美光科技盘前跌1.69%，报69.22美元。The Zhitong Finance App learned that Citigroup gave Micron Technology (MU.US) a “buy” rating and raised the target price from 75 US dollars to 85 US dollars. Citi begins a 90-day upward catalyst observation period for Micron Technology. “Given that we expect DRAM prices to change this quarter, we are publishing positive catalyst observations based on higher multiples,” said Citigroup analyst Christopher Danely.
In another report on Thursday, Danely reiterated that Micron Technology is the semiconductor industry's preferred stock.
According to reports, on September 5, Tianfeng International analyst Guo Mingyi published an article saying that following Samsung's price increase in August, Micron will also increase the NAND Flash wafer contract price by about 10% starting in September, which will help improve Micron's profits in the second half of the year.
As of press release, Micron Technology fell 1.69% before the market to $69.22.
