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Micron Technology (MU) Falls on Second Downgrade This Week

Go back to Micron Technology (MU) Falls on Second Downgrade This Week

Cleveland Research Downgrades Micron Technology (MU) to Neutral

June 18, 2021 9:35 AM EDT

Cleveland Research analyst Chandler Converse downgraded Micron Technology (NASDAQ: MU) from Buy to Neutral.

For an analyst ratings summary and ratings history on Micron Technology click here. For more ratings news on Micron Technology click here.

Shares of Micron Technology closed at $80.64 yesterday.

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Micron Technology (MU) Downgraded to Sell at Lynx Equity Strategies, PT $100

June 17, 2021 8:47 AM EDT

Lynx Equity Strategies analysts KC Rajkumar and Jahanara Nissar lowered their vidw on Micron Technology (NASDAQ: MU) to Sell and cut their price target to $100.

We started worrying about the longevity of the memory cycle a month ago. In a note in mid-May (link below) we said Apple was likely trimming contracts for mobile memory, which seemed odd given the enthusiastic commentary by MU management at the earnings call late March.Due to the gathering pace of negatives since then, primarily in... More