Strength Seen in Micron (MU): Can Its 7.6% Jump Turn into More Strength?
Micron (MU) shares ended the last trading session 7.6% higher at $150.57. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.7% gain over the past four weeks.The upswing came after Citigroup analyst Christopher Danely raised his target price on Micron stock to $175 per share from $150 and reaffirmed his “buy” rating.This chipmaker is expected to post quarterly earnings of $2.85 per share in its upcoming report, whi ...