Bullish Calls for Micron Technology; CBS & Apple on 'Best Ideas' List

Bullish calls on Micron Technology (MU), CBS (CBS) and Apple (AAPL) in Wednesday's Analysts' Actions. Micron Technology was upgraded to OVERWEIGHT from NEUTRAL at JPMorgan. The firm said it raised its rating on 'strong demand fundamentals, disciplined capacity outlook and attractive valuations.' The price target is set at $36, that's about a 30% upside from where the stock is currently trading. Citi upgraded CBS to BUY from NEUTRAL saying a recent pullback makes CBS attractive given its valuation, the 12-month price target is $60, that's a 20% increase. Apple is now on Morgan Stanley's 'best ideas' list. Analysts at the firm cited strong iPhone 6 demand and its expansion into new product categories. Morgan Stanley has an OVERWEIGHT rating with a $110 price target for Apple.