News Buzz: Discover Financial Services, Michael Kors Holdings, Coach, Micron Technology

Lakeway, NY -- (SBWIRE) -- 03/13/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Discover Financial Services (NYSE:DFS) augmented 2.09% to $43.01 on a traded volume of 2.17 million shares. Discover Financial Services and Interswitch Limited announced a strategic alliance that will allow acceptance of Discover and Diners Club International cards at Interswitch-enabled ATM and point-of-sale terminals for purchases in Nigeria. It will also allow Verve cardholders to have access to Discover, Diners Club International and PULSE networks for international purchases and cash access outside of Nigeria.

Is DFS a Still a Buy after the Solid momentum? Let’s Find out Here

Michael Kors Holdings Ltd (NYSE:KORS) went up 3.27% to $58.12 on a traded volume of 2.19 million shares. Avondale upgraded the rating of Michael Kors to outperform from market perform. This upgrade was based on favorable risk/reward and checks that indicate favorable trends at the end of February. The price target remains $70.

Is KORS a Strong Buying Opportunity After The Recent Slump? Find out Here

Coach, Inc. (NYSE:COH) went up 1.0% to $49.30 on a traded volume of 2.62 million shares. Coach Inc. was upgraded to buy from neutral at Citigroup. Citigroup also added that the Coach brand remains relevant and the company's plan to transition to a multi-category lifestyle brand will ultimately work.

Should COH Buy COH After The Recent Movement? Let’s Find out Here

Micron Technology, Inc. (NASDAQ:MU) soared 2.47% to $9.56 on a traded volume of 10.33 million shares. So far this year, the stock is up over 56%. The 52-week range for the stock is $5.16 and $9.56.The stock touched a new 52-week high of $9.56. Micron Technology, Inc., is a global manufacturer and marketer of semiconductor devices, principally NAND Flash, DRAM and NOR Flash memory, as well as other memory technologies, packaging solutions and semiconductor systems for use in computing, consumer, networking, automotive, industrial, embedded and mobile products.

Is MU a Strong Buying Opportunity After The Recent Slump? Find out Here

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