Micron, Nvidia Get Lift From Bullish Chip Report

By | May 19, 2014

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Chip stocks got a boost Monday from a positive report by RBC Capital Markets analyst Doug Freedman. He upgraded five semiconductor stocks to outperform from market perform: Altera (ALTR), Broadcom (BRCM), Micron Technology (MU), Nvidia (NVDA) and Texas Instruments (TXN). Freedman also raised his price targets on the five stocks. And he reiterated his outperform rating and raised price targets on five other chip stocks: Avago Technologies (AVGO), Scalper1 News

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