Morgan Stanley Upgrades Micron (MU) to Overweight, Lifts PT to $220

Micron Technology, Inc. (NASDAQ:MU) is one of the best performing NASDAQ stocks according to hedge funds. On October 6, Morgan Stanley raised its price target for Micron stock from $160 to $220 and upgraded its rating to Overweight from Equalweight. The firm made this move because of momentum in core dynamic random-access memory (DRAM) pricing, which continues to exceed expectations. Morgan Stanley Upgrades Micron (MU) to Overweight, Lifts PT to $220 solarseven/Shutterstock.com Morgan Stanley noted that ...