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Why Goldman Sachs Thinks It's Time To Sell Micron

2015-06-28 02:21:13| Electronics - Topix.net

In a report issued Friday, Goldman Sachs analyst Mark Delaney and his team reiterated a Sell rating on shares of Micron Technology, Inc. , while trimming their price target from $19 to $17 on the back of materializing DRAM margin risk and free cash flow weakness ahead. On Thursday, Micron reported weaker-than-expected guidance and results for its fiscal third quarter.

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Category:Electronics and Electrical

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