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Why Micron Stock Just Jumped 7%


Shares of computer-memory maker Micron (NASDAQ: MU) are up a strong 6.7% in mid-morning trading Monday, at around 10:50 a.m. EDT. If you own shares of the stock, you can thank Goldman Sachs for that.

This morning, Goldman upgraded shares of Micron to buy, and assigned the $49 stock a $58 price target, reports StreetInsider.com.

Image source: Getty Images.

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Source Fool.com

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