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Haunted by weak PC sales and an Apple (AAPL)-Samsung alliance for memory chips, Micron (MU) stock sagged Friday, continuing a general downtrend that began in December. Still, Summit Research analyst Srini Sundararajan upgraded Micron stock Friday on the premise “that 12-18 months from now, MU will likely be trading at least 20% higher from where it is today.” Micron stock hit a wall when Samsung announced a deal with Apple to produce about half of Scalper1 News
Scalper1 News