SanDisk sends strong signal to Micron investors, BofA says - thestreet.com
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- Bank of America raised its Micron price target and told investors that SanDisk is sending a "strong signal" to Micron
- Micron (MU) reclaimed $1,000 amid fresh memory momentum, prompting a Seeking Alpha rating upgrade with the thesis "Inventory Does Not Lie" and Jim Cramer's claim the stock can "double again"
Why it matters: Bank of America raised its Micron price target while Seeking Alpha issued a rating upgrade, and Jim Cramer claimed MU can 'double again' from $1,000. Three independent bullish calls from different analyst shops in the same news cycle reinforce each other.
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