Summit Research Compares Micron Technology, Inc. And SanDisk Corporation

In a note out Wednesday morning, Summit Research analyst Srini Sundararajan delves into the major differences between Micron Technology, Inc. (NASDAQ: MU) and SanDisk Corporation (NASDAQ: SNDK), and why he favors Micron.

Some of the key takeaways:

• Micron is Mainly a DRAM Player, Sandisk NAND

• iPhone 6: Bigger Screen Version Will be a DRAM Hog

• Recent Weakness in MU Unwarranted ...DRAM is in Shortage and Will Be Through Next Year

• SanDisk's stock weakness might have been due to its facing an ever so slightly adverse turn of events/small setback in their patent tussle with Netlist

Summit Research currently has a Buy rating on Micron, with a $46 price target. The stock was last down 0.08 percent.

The firm has a Hold rating on SanDisk with an $87 price target. The stock was last up 0.05 percent.

View more ratings on MU

See more from Benzinga

• AK Steel Holding Corporation Drops On Lowered Guidance; Sector Higher On Commodity Rally

• GoPro Inc Moving In Sympathy With Cop Cam Stocks

• Keurig Green Mountain Inc Offering Coke Product For First Time

© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.