Posts Tagged ‘Micron Baird upgrade’

Baird upped its rating to outperform on shares of Micron and upped its price target from $25 to $42 today. The analyst at Baird is seeing continued improvement in DRAM supply and demand trends.

Baird joins the growing list of firms that, who recently raised price targets on shares of Micron. Last Wednesday, Bank of America raised it’s Micron PT to $40 and Credit Suisse raised its PT to $50 and on Friday Nomura raised its PT to $40.

Disclosure: I am long shares of Micron and maintain a $61 price target that was issued in April.

My individual portfolio of stocks is up 397% since the beginning of 2013. Over each of the last 17 months my portfolio has returned a positive return 88% of the time. That means my portfolio of stocks provided a positive monthly return 15 out of the last 17 months! My last stock pick is up 10% in just over a week since I made the pick public to my paid subscribers. It’s not too late to get in on the fun, sign up today!

Advertisements