• Further upside. supported by 55 EMA. • Earning boosted. • Raymond James upgrades Micron (NASDAQ:MU) Market Perform to Strong Buy with a $70 price target. • Analyst Chris Caso thinks supply/demand conditions are "highly likely to improve further as the year progresses" and that inventory levels are "approaching normalized levels." • Caso sees a number of growth catalysts ahead that could drive "significantly improved demand" in H2. • Micron shares are up 2.4% pre-market to $58.13. The company has a Bullish average Sell Side rating.