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Micron Technology (MU) Has Risen To A New High After Price Target Hiked

Nomura raised its price target on shares of Micron Technology (MU) Monday morning to $100 per share, from $55 per share.

Micron Technology gapped open higher this morning and has continued to rise in early trade. Shares are now up 3.24 at $57.83. The stock has been on an upward trend for the past month and has set a new high for the year.

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