TIGER'S TAKE: On our watch list. No current opinion. $MUMicron Technology price target raised to $58 from $45 at KeyBancKeyBanc analyst Weston Twigg raised his price target for Micron Technology (MU) to $58 from $45 while keeping an Overweight rating on the shares. The chipmaker closed Monday up 16c to $49.13. The analyst's updated memory supply model suggests that supply remains well managed as memory producers wait for a demand recovery. Twigg is also seeing signs of tightening supply in some markets as demand elasticity for NAND kicks in, and as NAND and DRAM content loading in phones, PCs, and other devices continues to grow. The analyst expects both NAND and DRAM inventories to decline in the second half of 2019. Further, NAND pricing is likely to steadily increase through the second half and DRAM pricing is likely to stabilize by the end of the year, Twigg tells investors in a research note. He cites "increasing signs of stabilization" for his price target boost on Micron.Source: (thefly.com) $MU, Micron Technology, Inc. / H1 Disclosure: I may trade in the ticker symbols mentioned, both long or short. My articles represent my personal opinion and analysis and should not be taken as investment advice. Readers should do their own research before making decisions to buy or sell securities. Trading and investing include risks, including loss of principal. If you liked this article, please click the LIKE (thumbs up) button. Feel free to leave any comments, question, or opinions. (Sign-up if you haven't already done so). Follow us/bookmark us and check back occasionally for additional articles or comments on our page... Wild Tiger Trading - start/main page.