Home › Micron: If a Deal Were to Happen, Look Out For Oversupply, Says Morgan Stanley
 

Keywords :   


Micron: If a Deal Were to Happen, Look Out For Oversupply, Says Morgan Stanley

2015-07-14 19:01:24| Semiconductors - Topix.net

As I mentioned earlier , Micron Technology has gotten one upgrade this morning based on speculation of a $21-per-share bid by Chinese government-backed chip maker Tsinghua Unigroup. Morgan Stanley 's Joseph Moore raised his rating on the stock to Equal Weight from Underweight, writing that the re-valuation of Micron's potential as a take-out target "puts a floor" under the stock price even though there are still worries about the DRAM market.

Tags: says deal happen morgan

Category:Electronics and Electrical

Latest from this category

All news
»
15.11Tropical Storm Sara Graphics
15.11Tropical Storm Sara Forecast Discussion Number 8
15.11Tropical Storm Sara Wind Speed Probabilities Number 8
15.11Tropical Storm Sara Public Advisory Number 8
15.11 20213 105S P7905-P
15.11 ()
15.11Mizuno Energy 25.5
15.11
More »