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Analyst Anticipates Strong Earnings from Micron Technology

Barclays lifted its price target on Micron Technology Inc (NASDAQ:MU) stock to 120from120 from 95 ahead of this week's earnings report, anticipating "another strong beat and raise" from the company. MU initially jumped over 4% after the bull note today, though has since pared gains -- up 0.9% at $94.11 at last look. Micron Technology will report earnings after the close on Wednesday, Mar. 20. The options pits are pricing in a 16.2% swing after the event, regardless of direction, which is much larger than the 4.3 ...