Micron and Western Digital Stocks Are Rising. This Analyst Says Theyre a Buy. – Barrons

Shares of memory chip makers Micron Technology and Western Digital were climbing Tuesday after an analyst at Mizuho Securities raised the stocks to Buy, citing improved demand for memory chips.

Micron (ticker: MU) was rising 2.2% to $85.74. Western Digital (WDC) rose 5% to $59.78.

Mizuho Securities analyst Vijay Rakesh had downgraded both…

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