70% Of Micron Technology's (MU) DRAM Market Segments Remain Strong: Jefferies

Jefferies presented a bullish viewpoint on Micron Technology, Inc. (NASDAQ:MU) on Wednesday, and held that 70% of the company's DRAM market segments remain strong. The sell-side research firm was referring on its key takeaways from Jefferies' 2015 Global TMT Conference. The firm reiterated a Buy rating with a price objective of $40 on the stock.