Susquehanna raises Micron's target price to $1750

According to Seekingalpha, Susquehanna analyst Mehdi Hosseini has raised Micron's target price from $600 to $1750 and maintained a "positive" rating. Micron's average DRAM sales price for the second quarter is expected to increase by 50% -60% month on month, exceeding market expectations of 50%; The average selling price of NAND is expected to remain unchanged on a month on month basis within the range of growth of 75% -100%.