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It has become a weekly habit
A wave of upgrades from analysts for memory sector companies...
Needham analyst raises $MU target to $1,550 (from $500) with a buy recommendation, arguing that the memory market is “stronger and longer-lasting” due to high demand, solid prices, and limited production expansions.
JPMorgan analyst raises $WDC target to $650 (from $530) with an overweight recommendation, citing stronger pricing power and expanding gross margins thanks to rising HDD prices and improved storage demand.
BofA analyst raises $SNDK target to $2,100 (from $1,550) with a buy recommendation for the same reasons...
#HoldUSD1EarnYield ...
$NAS100 $USDJPY $ETH