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Opinion on  Micron Technology Inc (MU)     Sector: Technology  >  Industry: Semiconductors
Micron Technology Inc.

Jun 29, 2008 09:01 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Analyst Recommendation  

Micron Technology, Inc. engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR and DDR2, synchronous DRAM, and other specialty memory products, such as mobile DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain memory content when power is turned off; and complementary metal-oxide semiconductor image sensors that capture and process images into pictures or video for various consumer and industrial applications. Micron Technology’s products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, MP3/4 players, and other consumer electronics products. It sells its products through independent sales representatives, distributors, and its Web-based customer direct sales division. The company serves original equipment manufacturers, retailers, and distributors. It has a joint venture with Intel Corp. to develop and manufacture NAND flash memory products; Singapore Economic Development Board, Canon, Inc., and Hewlett-Packard Company to manufacture memory products in Singapore; and Photronics, Inc. to produce photomasks for advanced next generation semiconductors. Micron Technology was founded in 1978 and is headquartered in Boise, Idaho.

Analysts'
 Recommendation:
Strong Buy  
    30 Days Ago: Buy  

  Analysts' Target: $10
Analysts' Targets
 Lehman Brothers $10 
    Overweight
    Tuesday, June 03, 2008

 Deutsche Bank Securities $11 
    Neutral
    Wednesday, May 21, 2008

 AmTech Research $10 
    Buy
    Tuesday, April 29, 2008

 JMP Securities LLC $9 
    Mkt Outperform
    Thursday, April 03, 2008

 Caris & Company $6 
    Above Average
    Friday, March 14, 2008

 Oppenheimer & Co. Inc. $10 
    Outperform
    Friday, February 15, 2008

 Credit Suisse $10 
    Hold
    Friday, December 21, 2007

 Jefferies & Co. $12 
    Hold
    Monday, December 17, 2007


MU:  This call was made on 06/29/08 @ $6.12
Rating:   Positive   $6.12 (06/29/08)
Gain/Loss:   +20.92% in 499 days
Target:   $16.00 (+161.44%) in > one year
Allocation:   0.0% of portfolio


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