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BMO Capital Upgrades Micron Technology (MU) to Outperform on Continuation of Supply-Demand Imbalance
June 30, 2021 1:26 AM EDTBMO Capital analyst Ambrish Srivastava upgraded Micron Technology (NASDAQ: MU) from Market Perform to Outperform with a price target of $110.00 (from $90.00).
The analyst comments "Shares have underperformed meaningfully vs. the SOX YTD, up 10% vs. 20%. We believe there is a fair amount of concern related to near-term pricing driven by inventory... More
