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- US stocks set for lower open as Iran stalemate lifts oil, yields
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Trump threatens to bomb Oman over Iran stance
- Goldman Sachs to acquire real estate company LCN for up to $410M
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 EDTDeutsche 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

