Micron's warning of weak demand rattles chip stocks

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Micron Technology (MU) Downgraded at Raymond James on Near-Term Headwinds

August 9, 2022 4:09 PM EDT

Raymond James analyst Melissa Fairbanks downgraded Micron Technology (NASDAQ: MU) to Outperform from Strong Buy and trimmed the firm's price target on the stock to $65 from $72 per share after it cut its revenue forecast for the current quarter and warned of negative... More

Micron Technology (MU) Mentioned Negatively at Lynx Equity, 'neg pre affirms our Street-low view'

August 9, 2022 9:21 AM EDT

Micron Technology (NASDAQ: MU) Mentioned Negatively at Lynx Equity

Analyst KC Rajkumar comments "The back-to-back neg pre from MU today and NVDA yesterday should take the wind off semi sails. The sector rode up on relief that there were no neg pre... More