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Bank of America upgrades Micron to buy, says stock is a catch-up candidate in 2022

Micron Technology's hard drive for data center customers is presented at a product launch event in San Francisco, October 24, 2019.
Stephen Nellis | Reuters

Growing confidence in Micron's business for 2022 could make the stock an outperformer among semiconductor stocks next year, according to Bank of America.

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