Micron (NASDAQ:MU): Roth Capital has raised its Micron estimates following the closure of the Elpida deal. The firm expects improving margins due to a focus on higher margin server, networking, smartphone/tablet DRAM, and NAND flash. The firm keeps a Buy rating on the shares while raising its price target from $15 to $21.
Oh boy...that's about as likely as me flying to the moon. For now I'll settle for seeing the bid north of $14. Speaking of which...bid now $13.88. Let's see if this is an opening pop into a drop or.....?