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Micron Technology (MU) PT Lowered to $80 at Needham & Company

September 24, 2018 8:03 AM EDT

Needham & Company analyst, Rajvindra Gill, lowered the price target on Micron Technology (NASDAQ: MU) to $80.00 (from $100.00) while maintaining a Strong Buy rating following the company's guidance. MU guided gross margins to decline Q/Q due to the Chinese tariffs and some inventory adjustments... More