Micron Technology (MU) call put ratio 2.3 calls to 1 put into quarter results

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Go back to Micron Technology (MU) call put ratio 2.3 calls to 1 put into quarter results

BMO Capital Upgrades Micron Technology (MU) to Outperform on Continuation of Supply-Demand Imbalance

June 30, 2021 1:26 AM EDT

BMO 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