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Is Micron a Buy as Revenue Explodes Higher?


Micron Technology (NASDAQ: MU) just turned in one of the most impressive quarterly reports you'll ever see, although the stock was unable to gain any traction following its results. The stock was already up a whopping 350% over the past year going into the report, and it looked like a classic sell-the-news type of event.

Let's take a closer look at the memory maker's results and prospects to see whether the stock can regain its momentum.

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Source Fool.com

Micron Technology Inc. Stock

€317.65
8.960%
A very strong showing by Micron Technology Inc. today, with an increase of €26.15 (8.960%) compared to yesterday's price.
The stock is one of the favorites of our community with 143 Buy predictions and 1 Sell predictions.
As a result the target price of 387 € shows a positive potential of 21.83% compared to the current price of 317.65 € for Micron Technology Inc..
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