Repeat After Me…: Micron is not SanDisk. SanDisk is not Micron, says Summit Research

In a note out this morning, Summit Research analyst Srini Sundararajan, Ph.D delves into the major differences between Micron Technology

and Sandisk Corp.

, 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 -SNDK'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 MU, with a $46 price target (MU currently trading down .35 percent at 31.40). They have a Hold rating on SNDK with a $87 price target (SNDK currently trading down .10 percent at 95.55)