Walmart, Take-Two and Canada Goose rise premarket; Cisco falls

Go back to Walmart, Take-Two and Canada Goose rise premarket; Cisco falls

Deutsche Remains Sidelined on Micron Technology (MU) Amid China Memory Restrictions, 'could imply a much larger impact that the co's initial assessment'

May 22, 2023 10:32 AM EDT

Deutsche Bank analyst Sidney Ho reiterated a Hold rating and $55.00 price target on Micron Technology (NASDAQ: MU)

The analyst comments "While Chinese retaliation following semicap equipment export bans was to be expected (in some shape or form) and today's announcement by MU does not come as a surprise to us, the extent of the restrictions remain largely unclear and... More

Pacwest Bancorp (PACW) gains 5% on plans to sell construction loans portfolio worth $2.6B

May 22, 2023 6:19 AM EDT

(Updated - May 22, 2023 6:19 AM EDT)

Pacwest Bancorp (NASDAQ: PACW) gains 5% on news it is... More