Red-hot chip stock Micron to soar another 50%, RBC Capital says

Red-hot chip stock Micron to soar another 50%, RBC Capital says

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/16/micron-shares-to-soar-nearly-50-percent-rbc-capital.html

Micron shares will thrive this year as its diversified customer base allows to ride out any downturn in the memory chip market, according to one Wall Street firm.

RBC Capital Markets initiated coverage on Micron shares with an outperform rating, citing additionally the memory industry's consolidation to just a few players.