Micron Technology NAILS Elpida Acquisition and 4 Analyst Insights You Must See
Micron Technology Inc.’s (NASDAQ:MU) purchase of Elpida seems “far better” to MKM Partners than was previously expect on the Street. The research firm keeps its Buy on Micron and its price target of $11, as it expects the acquisition to be ‘highly accretive’ to Micron’s book value.
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DaVita, Inc. (NYSE:DVA) has its price target raised by Deutsche Bank, as expectations regarding the firm’s pending acquisition of HealthCare Partners will providee a higher multiple for shares. DB restates its Buy rating on the shares, in the meantime.
AtriCure, Inc. (NASDAQ:ATRC) CEO David Drachman’s meeting with Barrington pays off, as the analyst says that the risk versus reward for ATRC shares is the most positive seen for three years, and thus keeps its Outperform on the firm along with a price target of $17.
Liquidity Services, Inc.’s (NASDAQ:LQDT) shares were defended earlier Tuesday, during the pullback.
Wynn Resorts Ltd. (NASDAQ:WYNN) shares are rated Outperform by BMO Capital, but the latter lowered the company’s second quarter estimates and price target, due to a lower-than-normal hold percentage.
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