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Summit Research Compares Micron Technology, Inc. And SanDisk Corporation

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In a note out Wednesday morning, Summit Research analyst Srini Sundararajan delves into the major differences between Micron Technology, Inc. (NASDAQ: MU) and SanDisk Corporation (NASDAQ: SNDK), and why he favors Micron.

Some of the key takeaways:

  • Micron is Mainly a DRAM Player, Sandisk NAND
  • iPhone 6: Bigger Screen Version Will be a DRAM Hog
  • Recent Weakness in MU Unwarranted …DRAM is in Shortage and Will Be Through Next Year
  • SanDisk's stock weakness might have been due to its facing an ever so slightly adverse turn of events/small setback in their patent tussle with Netlist

Summit Research currently has a Buy rating on Micron, with a $46 price target. The stock was last down 0.08 percent.

The firm has a Hold rating on SanDisk with an $87 price target. The stock was last up 0.05 percent.

Latest Ratings for MU

DateFirmActionFromTo
Oct 2014Pacific CrestUpgradesSector PerformOutperform
Oct 2014Ladenburg ThalmannInitiates Coverage onNeutral
Sep 2014Stifel NicolausMaintainsBuy

View More Analyst Ratings for MU
View the Latest Analyst Ratings

Posted-In: Srini Sundararajan Summit ResearchAnalyst Color News Price Target Analyst Ratings

 

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