Measuring MU's Standout Performance & Options Activity
Welcome back to Market on Close. Shares of Micron are higher again on the day, hitting another record high. Today, City Croup hiked their price target to 200, and kept a buy rating on the shares to reflect what they call higher and sustainable DRAM pricing.The firm believes Micron's gross margins will get back to 60% with earnings per share above $23, almost double of its previous peak earnings of 1226. Shares are now up more than 85% this year. So far today we are seeing shares move four and ...