UPDATE: Bank of America Raises PO on Micron Technology as Shareholder Value Expected to Rise Post Elpida M&A
June 14, 2013 at 09:05 AM EDT
In a report published on Friday, Bank of America analyst Simon Dong-je Woo raised the price objective on Micron Technology (NASDAQ: MU ) from $13 to $18 and maintained a Buy rating on the company. In the report, Bank of America commented that, "We raise our PO from $13 to